SpiceJet net loss widens to Rs 17.81 cr in Aug quarter

Low cost airline, SpiceJet Ltd on Friday reported a net loss of Rs 17.81 crore for the quarter ended August 31, as compared to a net loss Rs 10.81 crore during the same quarter last year.

However, total income more than doubled to Rs 180.33 crore during the June-August quarter this year, from Rs 66.26 crore in the year-ago quarter, the company informed the Bombay Stock Exchange.

Shares of the company dropped nearly 2 per cent to Rs 43.60 at the BSE.

source: zee news

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