Stock Market Today: SpiceJet share price rose 5% in the morning trade on Monday following the release of its Q4 results over the weekend. The company also gave restructuring updates that also buoyed the aviation stock.
SpiceJet's strong performance in Q4 enthused the markets, as it reported a sharp improvement in profits. SpiceJet, on Saturday, reported that its Q4 standalone net profit for the fourth quarter of FY25 increased by almost three times. In the March 2025 quarter, the budget carrier reported a standalone net profit of ₹324.87 crore, up 174% from ₹118.9 crore in the same quarter of the prior fiscal year.
SpiceJet highlighted that it has reported its highest-ever quarterly profit and the second consecutive profitable quarter. For the full year, SpiceJet's net profit came in at ₹48 crore—the first in seven years—underscoring the success of its financial and operational turnaround strategy.
SpiceJet highlighted that due to increasing yields, maintaining high load factors, and cost optimisation, its earnings before interest, tax, depreciation, and amortisation, or EBITDA, jumped to ₹527 crore from ₹209 crore in the previous quarter, while SpiceJet's revenue for Q4 FY25 rose 17.6% sequentially to ₹1,942 crore. On a sequential basis, its net profit surged more than 12 times.
With a passenger load factor of 88.1%, there was a high level of demand.
The airline company also announced that Carlyle Aviation Management Limited and SpiceJet have signed a term sheet to restructure some of SpiceJet's aircraft leasing commitments totalling $121,176,999.65 (as of March 31, 2025).
The outstanding lease arrears due to lessors, as per SpiceJet, aggregating to $121,176,999.65, are proposed to be restructured through the issuance or purchase of securities.
SpiceJet share price opened at ₹46 on the BSE on Monday. At the time of opening, the SpiceJet share price was almost 5% higher compared to the previous close of ₹43.81.
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