SpiceJet Q2FY23: Losses Continue | ET Now | Latest Updates | English News
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Times NowSoumeet Sarkar
SpiceJet Q2FY23: Losses Continue | ET Now | Latest Updates | English News
SpiceJet reported its biggest-ever loss in the longest time in the second quarter of the financial year 2023. The loss amount was the biggest owing to lower revenue, higher fuel cost, and foreign exchange losses. On a sequential basis, SpiceJet’s revenue was down around 21%.The company’s total borrowing plus vendor payables surged 17% ...
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