SpiceJet gains on turning black in Q3
SpiceJet is currently trading at Rs. 64.95, up by 0.95 points or 1.48% from its previous closing of Rs. 64.00 on the BSE.
The scrip opened at Rs. 65.00 and has touched a high and low of Rs. 66.10 and Rs. 63.60 respectively. So far 878133 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 90.60 on 17-Feb-2021 and a 52 week low of Rs. 56.25 on 15-Feb-2022.
Last one week high and low of the scrip stood at Rs. 64.40 and Rs. 56.25 respectively. The current market cap of the company is Rs. 3890.98 crore.
The promoters holding in the company stood at 59.46%, while Institutions and Non-Institutions held 1.96% and 38.59% respectively.
SpiceJet has reported net profit of Rs 23.28 crore for third quarter ended December 31, 2021 as against net loss of Rs 56.96 crore for the same quarter in the previous year. Total income of the company increased by 42.86% at Rs 2,679.60 crore for Q3FY22 as compared Rs 1,875.69 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a net profit of Rs 42.45 crore for the quarter under review as against net loss of Rs 66.78 crore for the same quarter in the previous year. Total income of the company increased by 43.13% at Rs 2,677.34 crore for Q3FY22 as compared Rs 1,870.60 crore for the corresponding quarter previous year.