New Delhi
SpiceJet on Wednesday reported widening of net loss to Rs 635 crore in September quarter FY26 as multiple factors, including foreign exchange loss, additional expenses related to grounded as well as reinducted aircraft and airspace curbs, hit the budget carrier’s bottom line.
The airline, which had faced multiple headwinds, had recorded a net loss of Rs 447.54 crore in the year-ago period and expects positive financial performance in the second half of the current financial year.
Excluding foreign exchange loss, the carrier had a net loss of Rs 447.70 crore in the second quarter of the current fiscal, higher than Rs 424.26 crore reported in the same period a year ago, it said in a release.
“The results for the seasonally weak quarter were primarily driven by impact of recalib

Ahmedabad Mirror

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