New Delhi, Feb. 28 -- SpiceJet share price remained under selling pressure for the second straight session on Friday, with the domestic aviation stock falling nearly 12% in two days. After the Q3 results, SpiceJet share price dropped by more than 8% during Thursday's trading session, and it has fallen by over 5% in Friday's session.

On Wednesday, the budget airline SpiceJet announced a profit after tax of Rs.26 crore for the quarter ending December 2024, driven by an overall enhancement in performance. The airline had reported a loss of Rs.300 crore during the same period last year.

Its total revenue for the September 2024 quarter reached Rs.1,077 crore. In contrast, the total revenue for the latest December quarter is lower than the Rs...