Spicejet Ltd

SpiceJet Q1 2025 Results: Losses Mount, Liquidity Concerns Persist 📉✈️

- Standalone net loss: ₹2,376.61M in Q1 2025 (Accumulated losses: ₹80,024.75M)

- Revenue from operations fell to ₹11,060.57M from ₹16,955.16M YoY

- Current liabilities exceed assets by ₹38,688.05M

- Consolidated net loss: ₹2,365.80M (Accumulated: ₹80,696.52M)

- Air transport revenue down to ₹10,936.80M from ₹16,268.88M YoY

- ₹41,721M raised via equity warrants/shares for fleet operations

- Legal dispute continues over ₹5,790.90M advance payment to ex-promoters

- Auditors note material uncertainty about company's ability to continue

- Foreign exchange gain: ₹11.30M from lease liability adjustments