SpiceJet Share Price Falls over 5% Following a ₹234 Crore Loss in Q1; Should You Still Buy?
7 Articles
7 Articles
SpiceJet shares drop nearly 3 pc after June quarter earnings
New Delhi: Shares of SpiceJet declined nearly 3 per cent on Monday after the company reported a net loss of Rs 238 crore for the June quarter, saying expenses related to grounded aircraft and subdued leisure travel demand impacted the financials. The stock dropped 2.90 per cent to Rs 33.45 apiece on the BSE. During the day, it tanked 5.37 per cent to Rs 32.60. The budget carrier, which had been facing multiple headwinds, raked in a total income …
SpiceJet share price falls over 5% following a ₹234 crore loss in Q1; should you still buy?
SpiceJet's stock fell over 5% after reporting a Q1FY26 net loss of ₹234 crore, compared to a profit of ₹158.18 crore last year. Revenue dropped 36% due to geopolitical tensions and operational challenges. Nuvama downgraded its target price to ₹40, maintaining a 'Hold' rating.
SpiceJet expects to restart ops of 10 grounded planes by Apr 2026
SpiceJet, which flew into the red in the June quarter, expects to restart operations of 10 grounded aircraft by April 2026 as more than half of its fleet remains on the ground due to various issues. At the end of the June quarter, the no-frills airline had just 21 operational planes out of the 56-strong fleet. Out of the operational aircraft, 8 were Boeing 737-800s, 6 Q400s, 3 Boeing 737-700 and 1 each of Boeing 737-900 and Boeing 737 Max, accor…
SpiceJet’s Inventory Falls Over 5% Over Weak Q1 Outcomes
Mumbai: SpiceJet shares fell greater than 5 per cent in intra-day commerce on Monday, after the airline posted weak earnings for the primary quarter of the monetary 12 months 2025-26 (Q1 FY26). The funds service slipped into losses in the course of the April-June quarter, reporting a consolidated internet lack of Rs 234 crore. On a standalone foundation, the airline reported a internet lack of Rs 235.08 crore. It is a sharp reversal from the we…
SpiceJet Shares Tumble Following Q1 Loss Of Rs 234 Crore
SpiceJet is under pressure on Monday's day of trade, with the stock trading with cuts of more than 3%, reaching an intraday low of Rs 32.6. The downward pressure on SpiceJet shares come on the back of first quarter earnings of the financial year ending March 2026.
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