Indian airline SpiceJet rebounds on quarterly profit surge

Spicejet

16/06/2025 05:10

** Shares of India's SpiceJet SPJT.BO up 3% at 45 rupees, recovering from a 2% decline in the previous session

** During the weekend, the budget carrier reported Q4 PAT, which more than doubled y/y

** Airline also posted full-fiscal net profit for the first time in seven years

** Stock down ~19%, YTD

 (Reporting by Hritam Mukherjee in Bengaluru)

 ((Hritam.Mukherjee@thomsonreuters.com;))