SpiceJet Q1 FY11 Results : Net up 109.64%

by khalid on 28/07/2010 · 0 comments

Spicejet Limited’s principal activity is to provide domestic airlines and passenger and cargo services. The Company operated a fleet of 19 aircraft covering 18 destinations and operating 113 flights daily. The company has announced Q1 (ending June 2010) results of the current fiscal (FY10-11) and the net profit rose 109.64% to Rs 55.22 crore. It was Rs 26.34 crore in Q1 (ending June 2009) last year.

The company informed the BSE that the total sales rose 34.91% to Rs 707.86 crore in Q1 (ending June 2010) of the current fiscal (FY10-11) when compared with the same quarter Q1 (ending June 2009) of previous year. Total sales was Rs 524.69 crores in last year’s quarter Q1.

Share’s Data :-
BSE Code : 500285
Mkt. Cap : Rs 1,509.46 Crores
Spicejet Ltd. share’s CMP is Rs 62.40 on 30th July 2010.

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