SpiceJet share price surged over 5% on Monday after the company reported a sharp 173% YoY surge in standalone profit after tax for the March quarter, reaching Rs 324.87 crore, marking its highest-ever quarterly profit. The sharp uptick in profit came even as revenue from operations for the quarter declined 16% YoY to Rs 1,446.37 crore, down from Rs 1,719.3 crore in Q4 FY24.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets