SpiceJet Shares Rally 3% on Strong Earnings Report

  Published 11 months ago

SpiceJet shares rose 3% to 45 rupees after Q4 profits doubled, marking the first full fiscal net profit in seven years despite a 19% YTD decline.

  • Stock climbed 3% as Q4 PAT surged over 100% year-over-year, reversing a prior 2% drop.
  • The airline posted its first full fiscal net profit in seven years, boosting investor confidence.
  • Shares are still down ~19% year to date despite a recent earnings-driven recovery.

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