SpiceJet reported a Rs. 261.38 crore net loss for Q3FY26, a shift from last year’s profit, despite a 14% revenue increase. Elevated costs like fuel and fleet expenses impacted results. However, sequential losses narrowed significantly. The airline is expanding its fleet and seeking a National Stock Exchange listing, with its shares showing oversold technical indicators.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets