Archive · 16 Jun 2025
SpiceJet Posts Q4 Profit, Analysts Remain Cautious
SpiceJet, an airline, made a profit in the last quarter due to some special one-time events, improving from previous losses.
The improved results were boosted by higher prices for each seat, driven by seasonal events.
However, an investment firm lowered the target price, and maintained a hold rating on the stock.
The company is still dealing with old financial issues.
Some worry that this profit may not be sustainable.
SpiceJet reported a net profit of ₹340 crore for Q4 FY25, boosted by one-off income from lease restructuring.
InCred Equities maintained a 'HOLD' rating, lowering the target price to ₹47.
Revenue per available seat kilometre (RASK) increased, driven by seasonal demand from the Kumbh Mela.
Passenger load factor (PLF) decreased year-on-year but saw a slight sequential increase.
The airline's negative net worth improved after a qualified institutional placement (QIP).
- Who
- SpiceJet, InCred Equities.
- What
- SpiceJet reported a net profit in Q4 FY25, but analysts remain cautious.
- When
- Q4 FY25
- Where
- Not explicitly mentioned.
- Why
- Due to one-off income and improved RASK, but also lower expectations for future growth.
Positive Factors
Negative Factors
Performance Factors
Positive Factors
Strong Q4 results, RASK increase, and lease restructuring benefits.
Negative Factors
Lowered target price and reduced EBITDAR estimates.
- Q4 FY25 Profit
- ₹340 crore
- InCred Rating
- 'HOLD'
- Target Price
- ₹47
- RASK YoY Increase
- 23%
- QIP Proceeds Utilized
- ₹2,700 crore
- Share Price Change
- -2.19%
Sources
SpiceJet's Q4FY25 profit surges nearly three-fold; should you buy the stock now?
Spicejet shares flat after rocketing 5% on Q4 results, Nuvama & InCred maintains hold calls
How SpiceJet turned a profit in Q4
Why does Nuvama recommend a ‘Hold’ on SpiceJet despite strong Q4 results? 3 reasons…
