Spicejet Ltd — Board Meeting, 14-06-2025: Board Meeting

SpiceJet Limited has announced a board meeting on the audited standalone and consolidated financial results for the quarter and year ended March 31, 2025. The company reported its highest-ever quarterly net profit of INR 319 crore in Q4 FY25, a 12-fold increase from the previous quarter, and a full-year profit of INR 48 crore, its first annual profit in seven years. Operating revenue grew 17.6% quarter-on-quarter to INR 1,942 crore with a strong passenger load factor of 88.1%. The promoter group infused INR 500 crore during the year, reflecting confidence in the company’s turnaround. Progress on fleet restoration is underway with partnerships to fast-track engine overhauls. Despite ongoing legal disputes and regulatory non-compliances, management remains confident about settling liabilities and sustaining growth. The company reported positive net worth of INR 683 crore and continues to focus on operational efficiency and network expansion.