SpiceJet Limited (BOM: 500285)

India flag India · Delayed Price · Currency is INR
65.57
+1.58 (2.47%)
At close: Sep 10, 2024
58.00%
Market Cap 52.11B
Revenue (ttm) 67.90B
Net Income (ttm) -4.62B
Shares Out 794.67M
EPS (ttm) -6.53
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 11,105,910
Open 65.00
Previous Close 63.99
Day's Range 63.00 - 67.90
52-Week Range 34.00 - 77.50
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Nov 25, 2024

About SpiceJet

SpiceJet Limited engages in the provision of air transportation services. It operates through Air Transport, and Freighter and Logistics Services segments. The company offers passengers and cargo air transportation services under the SpiceJet brand name. It operates fleets covering routes, including domestic and international destinations. The company was incorporated in 1984 and is headquartered in Gurugram, India. [Read more]

Industry Air Transportation, Scheduled
Founded 1984
Employees 7,131
Stock Exchange Bombay Stock Exchange
Ticker Symbol 500285
Full Company Profile

Financial Performance

In 2023, SpiceJet's revenue was 70.85 billion, a decrease of -20.15% compared to the previous year's 88.74 billion. Losses were -4.23 billion, -72.05% less than in 2022.

Financial Statements

News

SpiceJet Says Carlyle Aviation Will Write Off $40 Million Of Lease Arrears

SpiceJet said on Tuesday that Carlyle Group's commercial aviation investment and servicing unit will write off $40.2 million of the airline's lease arrears and convert $30 million of its arrears into ...

20 hours ago - NDTV

SpiceJet's Ajay Singh may sell over 10 pc stake in airline to raise funds

Ajay Singh, SpiceJet's chairman, may offload over 10% of his stake in the airline as part of a funding round closing by September's end. The budget carrier aims to raise Rs 3,200 crore through various...

3 days ago - The Times of India

SpiceJet lessor to convert dues to equity

SpiceJet's major lessor Carlyle agrees to convert $50 million of dues into equity at a premium, providing relief to the airline.

4 days ago - The Times of India

2nd time: Lessor Carlyle to convert part of SpiceJet dues into equity at 63% share price premium

SpiceJet secures a lifeline as Carlyle, a major aircraft lessor, agrees to convert $40.2 million of dues into equity at Rs 100 per share. This strategic move is part of SpiceJet's efforts to raise fun...

4 days ago - The Times of India

HSBC issues ‘Reduce’ call on SpiceJet, citing profitability uncertainty

HSBC has issued a reduce call on SpiceJet, slashing its target price from ₹40 to ₹26 per share. The downgrade comes amid concerns about the airline’s financial health, particularly its ability to mana...

6 days ago - Business Upturn

India: DGCA places Spicejet airline under enchanced surveillance

According to reports, the airline's passengers were on Thursday barred from checking-in for their flights at Dubai airport over delayed payments

12 days ago - Zawya

SpiceJet shares drop 5% as DGCA places airline under ‘enhanced survelliance’

Following the Directorate General of Civil Aviation’s (DGCA) decision to immediately place the airline under enhanced surveillance, SpiceJet shares dropped by 5%, trading at ₹62.50 on the BSE. The DGC...

12 days ago - Business Upturn

SpiceJet shares fall over 3% as DGCA places airline under ‘enhanced survelliance’

Shares of SpiceJet fell by 3.74%, trading at ₹63.75 on the BSE at 9:22 AM, following the Directorate General of Civil Aviation’s (DGCA) decision to place the airline under enhanced surveillance with i...

12 days ago - Business Upturn

Stocks Market News: Reliance, NTPC, LIC, Spicejet, IndiGo, PB Fintech, and Prestige Estates in focus (Aug 30, 2024)

With the continues higher market from past 11 days, recent developments across various sectors have captured the attention of investors and stakeholders. From significant advancements in renewable ene...

12 days ago - Business Upturn

Share Market today: Infosys, NTPC, Spicejet, IREDA and ICICI Lombard in focus today (30 Aug 2024)

The Indian stock market is abuzz with activity as multiple companies across diverse sectors have announced significant developments. From technology and pharmaceuticals to energy and real estate, thes...

12 days ago - Business Upturn

SpiceJet Sends 150 Cabin Crew On Leave Without Pay Amid Financial Crisis

Facing financial headwinds, SpiceJet has decided to furlough 150 cabin crew members for three months.

12 days ago - NDTV

DGCA puts cash-strapped SpiceJet under 'enhanced surveillance'; What it means

SpiceJet is now under enhanced surveillance by the DGCA after a special audit on August 7 & 8, 2024, revealed deficiencies in the airline's engineering. This heightened scrutiny comes amid reports of ...

13 days ago - The Times of India

DGCA puts cash-strapped SpiceJet under 'enhanced surveillance'

SpiceJet is now under enhanced surveillance by the DGCA after a special audit on August 7 & 8, 2024, revealed deficiencies in the airline's engineering. This heightened scrutiny comes amid reports of ...

13 days ago - The Times of India

SpiceJet Faces Spot Checks, Night Surveillance Over Cancellations

SpiceJet, for the second time in two years, has been placed under "enhanced surveillance" by the Directorate General of Civil Aviation following reports of cancelled flights and financial stress.

13 days ago - NDTV

Dubai airport stops India's SpiceJet passengers from checking in over airline dues, The Hindu reports

This is the latest in a long list of troubles for SpiceJet, which has struggled to fully restore operations despite multiple fundraises over the last year

13 days ago - Zawya

"Rajma Rice For Rs 400, Flight Delay": Reddit User Shares "Worst" Experience At Delhi Airport

The user said that the SpiceJet crew informed that the plane was "missing some parts and another flight is supposed to deliver it. The delivery flight should arrive at 2:30pm."

16 days ago - NDTV

"Rajma Rice For Rs 400": Reddit User On "Worst" Experience At Delhi Airport

The user said that the SpiceJet crew informed that the plane was "missing some parts and another flight is supposed to deliver it. The delivery flight should arrive at 2:30pm."

16 days ago - NDTV

Jaipur flight cancellation hassles flyers

Pune: A SpiceJet flight to Jaipur was cancelled in the early hours of Friday, after keeping flyers guessing for over six hours.

18 days ago - The Times of India

Expanded, new-look T1 to become operational from Aug 17

New portion of T1 at New Delhi Airport to open on Aug 17, easing congestion at T2 and T3. PM Modi inaugurated the new terminal in March. IndiGo and SpiceJet flights to shift gradually. Security protoc...

27 days ago - The Times of India

SpiceJet posts Rs 150 crore profit in Q1; plans to raise Rs 3,000 crore via QIP

NEW DELHI: SpiceJet, which is trying to raise funds, on Wednesday reported a profit of Rs 150 crore for the quarter ending June 2024, down about 26% f.

27 days ago - The Times of India

Ground 3 Engines, Handover Them To Lessors In 15 Days: Delhi High Court To Spicejet

The Delhi High Court on Wednesday directed low-cost airline Spicejet to ground three engines by Friday and handover them to its lessors within 15 days.

27 days ago - NDTV

Ground 3 Engines, Handover Them To Lessors In 15 Days: Court To Spicejet

The Delhi High Court on Wednesday directed low-cost airline Spicejet to ground three engines by Friday and handover them to its lessors within 15 days.

4 weeks ago - NDTV

SpiceJet Q1 Results: Net profit drops 20% YoY, revenue declines by 15%

SpiceJet Ltd has reported a 20% drop in its consolidated net profit for the first quarter ended June 2024. The airline’s profit stood at Rs 158 crore, down from Rs 198 crore in the same period last ye...

4 weeks ago - Business Upturn

SpiceJet Q1 Results: Net profit jumps 26% to Rs 150 crore

SpiceJet has reported impressive financial results for the first quarter of FY2025, showing significant growth across key metrics. Key Highlights: Net Profit: Increased by 26% to Rs 150 crore, up from...

4 weeks ago - Business Upturn

Spicejet board approves Rs 3,000 crore fund raise via QIP

The QIP process has already been initiated and is expected to be completed by the end of September 2024.

4 weeks ago - Business Upturn