Spicejet Ltd posts consolidated PAT of Rs. 110.48 crores in Q3FY23

SPICEJET LTD has reported Consolidated financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 2822.38 crores during the period ended December 31, 2022 as compared to Rs. 2101.799 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 110.482 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. -833.315 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 1.83 for the period ended December 31, 2022 as compared to Rs. -13.84 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹2822.38 crs	₹2101.799 crs	34.28%
Net Profit	₹110.482 crs	₹-833.315 crs	113.26%
EPS	₹1.83	₹-13.84	113.22%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.2822.38 crores during the period ended December 31, 2022 as compared to Rs.2677.341 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.110.482 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.42.467 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.1.83 for the period ended December 31, 2022 as compared to Rs.0.71 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹2822.38 crs	₹2677.341 crs	5.42%
Net Profit	₹110.482 crs	₹42.467 crs	160.16%
EPS	₹1.83	₹0.71	157.75%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.7398.494 crores during the 9 Months period ended December 31, 2022 as compared to Rs.5504.851 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-1506.563 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.-1259.207 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.-25.04 for the 9 Months period ended December 31, 2022 as compared to Rs.-20.94 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹7398.494 crs	₹5504.851 crs	34.40%
Net Profit	₹-1506.563 crs	₹-1259.207 crs	19.64%
EPS	₹-25.04	₹-20.94	19.58%

Shares of SPICEJET LTD was last trading in BSE at Rs. 39.70 as compared to the previous close of Rs. 35.35. The total number of shares traded during the day was 2544334 in over 9655 trades.

The stock hit an intraday high of Rs. 40.75 and intraday low of 35.70. The net turnover during the day was Rs. 98912508.00.

Source : Equity Bulls

Keywords

Spicejet Q3FY23 9MFY23 ResultUpdate