This marks the highest-ever quarterly profit for the Gurugram-based carrier and its second consecutive profitable quarter.
Despite the strong bottom-line performance, 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. The airline attributed the surge in profitability to improved yields, sustained high load factors, and cost optimisation measures.
For the full fiscal year FY25, SpiceJet posted a net profit of Rs 48 crore, reversing a loss of Rs 404 crore in FY24. This marks the company’s first annual profit in seven years, highlighting the effectiveness of its ongoing financial and operational turnaround strategy.
The company reported a passenger load factor of 88.1% in Q4 FY25, reflecting strong travel demand. Additionally, Passenger Revenue per Available Seat Kilometre (RASK) improved 3.4% YoY, supporting revenue per unit metrics.
SpiceJet also reported that its net worth turned positive to Rs 683 crore at the end of FY25. Meanwhile, the Promoter Group completed a total equity infusion of Rs 500 crore during the year, including Rs 294.09 crore in the March quarter alone. The company said this capital injection signals the promoters’ continued confidence in SpiceJet’s long-term growth strategy.Also read: Bajaj Finance stock split, bonus issue: Here’s how your 10 shares will turn into 100
“SpiceJet has delivered a strong set of results, marking a significant turnaround in our operational and financial performance. With a strengthened balance sheet, renewed investor trust and continued network expansion, SpiceJet is well‐positioned for sustainable growth,” SpiceJet Chairman and Managing Director Ajay Singh said.
Ahead of the announcement of results on Saturday, SpiceJet shares ended Friday’s session 2% lower at Rs 43.81 on BSE.
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