Business News
Home > Business News
SpiceJet's YoY Q1FY22 net loss widens to Rs 729 cr
TIWN
TIWN

PHOTO : TIWN
New Delhi, Aug 13 (TIWN) Budget airline SpiceJet on Friday reported a net loss of Rs 729 crore in the first quarter of FY2022.
The Q1FY22 net loss is higher than Rs 593 crore in the same quarter of the previous year as flight operations were severely impacted due to Covid-19's second wave. However, total revenue rose to Rs 1,266 crore for the quarter as against Rs 705 crore in the same quarter of the previous year.
Add your Comment
Comments (0)
More Business News
- India’s industrial growth at 3.5 pc in July signals healthy recovery: Economists
- AI to unlock $500 billion opportunity for India’s tech services: Report
- India’s credit rating upgrade to boost investors’ confidence, drive foreign capital inflows
- Centre to update WPI, IIP; announces launch of new Producer Price Index
- S&P Rating's growth projection for India is no surprise: SBI Research