Spicejet swung to a profit for the quarter ended March 2015. During the quarter, the company reported a profit of Rs 225.18 million compared with a loss of Rs 3,215.10 million in the same quarter last year.
Revenues for the quarter declined 50.02% to Rs 7,863.26 million, compared with Rs 15,734.05 million for the prior year period.
Earnings per share stood at Rs 0.33 compared with negative Rs 6.01 in the same quarter last year.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Mar - 15 | Mar - 14 | %Change |
| Revenues | 7,863.26 | 15,734.05 | (50.02) |
| Net Profit | 225.18 | (3,215.10) | - |
| Diluted EPS | 0.33 | (6.01) | - |
Shares of the company declined Rs 0.5, or 2.58%, to settle at Rs 18.90. The total volume of shares traded was 1,082,201 at the BSE (Thursday).
