SpiceJet This fall Outcomes: Price range service SpiceJet on Saturday reported a 173 per cent year-on-year (YoY) bounce in standalone revenue after tax (PAT) at Rs 324.87 crore for the March 2025 quarter (This fall FY25)—its highest ever quarterly revenue., in accordance with an alternate submitting.
This additionally marks the airline’s second consecutive worthwhile quarter and a powerful signal of operational restoration. The airline had posted a PAT of Rs 119 crore within the corresponding quarter final fiscal.
Nonetheless, income from operations dropped 16 per cent YoY to Rs 1,446.37 crore from Rs 1,719.3 crore in This fall FY24, reflecting a cautious working setting regardless of improved earnings.
FY25 revenue at Rs 580.74 crore; income falls however turnaround technique holds
For the complete fiscal 12 months 2024–25, SpiceJet posted a standalone PAT of Rs 580.74 crore, reversing a lack of Rs 409 crore in FY24. Income from operations for FY25 stood at Rs 5,284 crore, down 25 per cent from Rs 7,050 crore the earlier 12 months. That is SpiceJet’s first worthwhile 12 months since FY18 and is seen because of sustained price management, higher yields and excessive load components.
Passenger Load Issue (PLF) stood at a wholesome 88.1 per cent, whereas Income per Accessible Seat Kilometre (RASK) improved by 3.4 per cent YoY to Rs 5.66, underscoring improved pricing and demand dynamics. The airline’s EBITDA for the March quarter greater than doubled to Rs 527 crore.
SpiceJet consolidated revenue jumps 12x
On a consolidated foundation, SpiceJet reported a document web revenue of Rs 319 crore in This fall FY25—12 occasions increased than Rs 26 crore reported in This fall FY24. Consolidated income within the March quarter stood at Rs 1,942 crore. For the complete 12 months, consolidated web revenue stood at Rs 48 crore, reversing a web lack of Rs 404 crore within the earlier 12 months.
To assist the turnaround, the Promoter Group accomplished its full fairness infusion of Rs 500 crore in FY25, with the ultimate tranche of Rs 294.09 crore infused throughout This fall. SpiceJet mentioned this underlines investor confidence within the airline’s long-term imaginative and prescient.
Settlements, QIP increase stability sheet; web value turns constructive
The airline mentioned it has efficiently settled disputes with a number of plane lessors, together with Air Citadel, Carlyle Aviation, and others. One main settlement through the quarter resulted in a achieve of Rs 522.42 crore, with the lessor agreeing to just accept shares value Rs 428.15 crore as a part of the dues settlement.
Throughout the 12 months, SpiceJet additionally raised Rs 3,000 crore via a Certified Institutional Placement (QIP), of which Rs 2,699.54 crore has been deployed for dues clearance, upkeep, and operational prices.
As of March 31, 2025, SpiceJet’s web value turned constructive at Rs 683 crore, and fairness share capital expanded considerably on account of QIP and warrant conversions. The corporate mentioned it’s now higher positioned to deliver grounded plane again into service, though international provide chain and engine overhauls proceed to pose delays.
