New Delhi, Nov. 12 -- Budget airline SpiceJet today, November 12, announced its financial results for the quarter ended September 30, 2025 (Q2FY26), reporting a net loss of Rs.621 crore, compared to a net loss of Rs.458 crore in Q2FY25. The losses widened further on a quarter-on-quarter (QoQ) basis, as the company had reported a net loss of Rs.234 crore in the preceding June quarter (Q1FY26).

Revenue from operations also declined 13.4% year-on-year (YoY) to Rs.792 crore, compared to Rs.915 crore posted in the same quarter of the previous financial year.

The results for this seasonally weak quarter were primarily impacted by the recalibration of dollar-based future obligations, the carrying cost of the grounded fleet, and additional expe...