SpiceJet falls into the red in 3QFY2012

SpiceJet revenue up 42% – financial highlights for three months ended 31-Dec-2011:

• Total revenue: USD239.7 million, +41.5% year-on-year;
• Total costs: USD243.6 million, +66.7%;
  • Fuel: USD120.7 million, +90.1%;
• Profit (loss) before tax: (USD8.0 million), compared to a profit of USD24.0 million in p-c-p;
• Net profit (loss): (USD8.0 million), compared to a profit of USD19.3 million in p-c-p. [more - original PR]

*Based on the conversion rate at USD1 = INR49.055

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