SpiceJet Posts Q3 Profit, Investors Eye Share Movement
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SpiceJet, a well-known budget airline in India, has reported a net profit of ₹26 crore in the third quarter of FY25. This marks a major financial recovery from the ₹300 crore loss in the same period last year. The turnaround is attributed to improved cost management, increased passenger traffic, and efficient operations. Investors are closely watching SpiceJet’s stock, which is expected to react positively on February 27. The airline’s market capitalization now stands at over ₹6,000 crore, reflecting renewed investor confidence. With rising travel demand, SpiceJet’s leadership remains optimistic about continued growth, aiming for long-term profitability in a competitive aviation sector.
Видео SpiceJet Posts Q3 Profit, Investors Eye Share Movement канала BJ English
SpiceJet, a well-known budget airline in India, has reported a net profit of ₹26 crore in the third quarter of FY25. This marks a major financial recovery from the ₹300 crore loss in the same period last year. The turnaround is attributed to improved cost management, increased passenger traffic, and efficient operations. Investors are closely watching SpiceJet’s stock, which is expected to react positively on February 27. The airline’s market capitalization now stands at over ₹6,000 crore, reflecting renewed investor confidence. With rising travel demand, SpiceJet’s leadership remains optimistic about continued growth, aiming for long-term profitability in a competitive aviation sector.
Видео SpiceJet Posts Q3 Profit, Investors Eye Share Movement канала BJ English
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27 февраля 2025 г. 23:28:55
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