SpiceJet Q4 profit rises 22% despite Jet crisis

Low cost SpiceJet has reported a profit of Rs 56.3 crore for the quarter ended March 31, 2019, up 22% from Rs 46.1 crore in Q4 FY-18. In full fiscal 2018-19, the airline lost Rs 316.1 crore, as opposed to a profit of Rs 566.6 crore in the previous financial year.

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