New Delhi, June 15 -- SpiceJet on Saturday, June 14, reported a strong jump in its profit for the March quarter of the last financial year (Q4FY25). The budget carrier's standalone net profit surged nearly threefold, or 173 per cent year-on-year, to Rs.324.87 crore in Q4FY25 from Rs.118.9 crore in the corresponding quarter of the previous fiscal year.

However, the airline's revenue from operations in Q4FY25 declined nearly 16 per cent to Rs.1,446.37 crore from Rs.1,719.37 crore, year over year.

For the full financial year 2024-25 (FY25), SpiceJet reported a standalone net profit of Rs.58 crore as against a loss of Rs.409 crore in FY24. This was the airline's first full-year profit in seven years. Its revenue from operations in FY25 fell...