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SpiceJet’s net loss widens to Rs 621 crore in Q2 FY26, revenue slips 13 pc

SpiceJet, India’s popular low‑cost airline, posted a larger net loss for the September 30, 2025 quarter, reporting ₹621 crore versus ₹458 crore a year earlier.

The airline’s total revenue slipped 13 % to ₹792 crore, down from ₹915 crore in the same period last year. The weaker earnings come mainly from higher costs linked to dollar‑based future obligations, the cost of keeping grounded aircraft, and extra spend on runway traffic services (RTS).

Continued airspace restrictions pushed operating costs up, adding pressure to the quarter’s results. In the same period, SpiceJet recorded an operating loss of ₹297 crore. Even after removing foreign‑exchange impacts, the EBITDAR loss rose to ₹203.80 crore from ₹58.87 crore a year ago.

Chairman and Managing Director Ajay Singh said the short‑term expenses are part of fleet renewal and network expansion. “These investments will start paying off from this quarter,” he told reporters, adding that new aircraft and an expanding route network put the airline on a clear path to stronger operations and positive earnings in the second half of the year.

SpiceJet’s passenger revenue per available seat kilometre (PAX RASK) improved to ₹4.04 from ₹3.91, while the passenger load factor stayed solid at 84.3 %, underscoring the carrier’s strong brand presence and focus on customer service.



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Sheetal Kumar Nehra

Sheetal Kumar Nehra is a Software Developer and the editor of LatestNewsX.com, bringing over 17 years of experience in media and news content. He has a strong passion for designing websites, developing web applications, and publishing news articles on current… More »

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