Within the earlier quarter, the corporate had reported a consolidated revenue after tax (PAT) of Rs 342 crore whereas the income from operations fell 24% on a sequential foundation versus Rs 342 crore in Q4FY25.
The Gurugram-based firm’s efficiency was considerably impacted by geo‐political scenario with a neighbouring nation and airspace restrictions in key markets, which led to subdued leisure journey demand, the corporate stated in an announcement.
The delay in returning grounded plane to service, owing to international provide chain disruptions and engine overhaul challenges, additional compounded the scenario, the submitting stated.The corporate’s Incomes Earlier than Curiosity, Taxes, Depreciation and Amortisation (EBITDA) loss stood at Rs 18 crore in Q1FY26 in comparison with Rs 402 crore in Q1FY25. Passenger Income per Out there Seat Kilometer or PAX RASK stood at Rs 4.74 within the quarter below overview. The Passenger Load Issue (PLF) remained at 86%.The airline’s web value improved to Rs 446 crore, in comparison with a unfavorable Rs 2,398 crore in Q1FY25. The corporate attributed this to profitable monetary restructuring initiatives.
Administration commentary
Commenting on firm’s outcomes, Chairman and Managing Director Ajay Singh stated that the quarter’s outcomes mirror the extraordinary challenges confronted by the aviation business, together with geopolitical turbulence, restricted air routes, and provide chain disruptions. “Regardless of these headwinds, SpiceJet continues to reveal resilience. We’re taking decisive steps to reinforce fleet reliability, scale back prices, and increase our community. With India’s aviation and tourism sectors among the many quickest‐rising globally, we stay assured of a robust restoration trajectory within the coming quarters,” Singh stated.
The earnings have been introduced after market hours, and SpiceJet shares ended 1.6% decrease at Rs 34.45. The inventory has been a market laggard witnessing a share value erosion of over 45% over a 1-year interval. In 2025, up to now the decline has been to the tune of 39%.
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