New Delhi, Feb. 27 -- Spicejet has declared its Q3 results for the fiscal year 2025 on 25 Feb, 2025. The company's topline saw a significant decrease of 35.39%, with a profit of Rs.20.44Cr reported. This marks a stark contrast to the loss of Rs.298.63Cr recorded during the same period in the previous fiscal year. Notably, when compared to the previous quarter, the revenue grew by 35.22%.

In terms of expenses, Spicejet has successfully reduced its selling, general, and administrative expenses by 5.47% quarter-on-quarter and by 27.31% year-on-year. This reduction in expenses is a positive sign for the company's operational efficiency.

The operating income for Spicejet showed a promising increase of 54.96% quarter-on-quarter and a substant...