New Delhi, Feb. 27 -- SpiceJet share price plunged over 8 per cent in Thursday's trading session despite the aviation company posting a Rs.26 crore profit in Q3FY25. This represents a notable recovery from the Rs.300 crore loss reported in the same period last year.

The low-cost airline credited its return to profitability to robust passenger demand, increased operational efficiency, and better yield management.

SpiceJet's total revenue climbed 35% year-on-year to Rs.1,651 crore in Q3, while its passenger load factor (PLF) remained steady at 87 per cent, reflecting consistent occupancy levels.

In the quarter, the airline secured Rs.3,000 crore from qualified institutional investors, boosting its liquidity. This fund infusion helped Spi...