7/28/2019 Spice Jet Limited

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7/28/2019 Spice Jet Limited

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7/28/2019 Spice Jet Limited

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7/28/2019 Spice Jet Limited

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SpiceJet Limited319 Udyog Vihar, Phase-IV,

Gurgaon 122 016, Haryana, India

T : +91 124 3913939

F : +91 124 3913844

Registered Office: SpiceJet Limited, Murasoli Maran Towers, 73 MRC Nagar Main Road, MRC Nagar, Chennai 600028, Tamil Nadu, India

SpiceJetposts31%growthinrevenuesforthequarterOutperformsthedomesticindustrywitha20%passengergrowth.

Marketshareimprovedfrom17.1%to20.4%inFY2013Chennai,May24,2013The continuedweaknessof IndianRupee,high fuelpricesand significant taxburdencontinuedtohurttheentiredomesticaviationsector.However,foryetanotherquarterSpiceJetwasabletosuccessfullygrowpassengertrafficbyaround20%,outperformingthedomesticindustrypassengergrowth.However,theincreaseinfareswasinadequateto

fully

absorb

the

impact

of

higher

costs

of

operation.

RevenueforthefourthquarterendedMarch31,2013increasedby31%toRs1,456croreascomparedtoRs1,113croreofthequarterendedMarch31,2012.The averagepassengeryields in theMarch quarter increased 8% as compared to thecorrespondingquarterayearago.LoadfactorduringtheMarch,2013quarterwas76%from74%duringthesameperiodlastyear.SpiceJetsMarketShareinMarch2013increasedto20.4%from17.1%inMarch2012.SpiceJetposteda lossofRs.186crore for thequarterendedMarch31,2013comparedwitha lossofRs.249croreforthecomparableperiod last fiscalyear.Forthe financialyearendedMarch31,2013thecompanysnetlossstoodatRs191croreagainstanetlossofRs606croreintheprioryear.HighlightsforthequarterendedMarch31,2013VsMarch31,2012Operational

20%growthinnumberofpassengers. 22%growthofAvailableSeatKilometers. 27%growthinnumberofdepartures.

7/28/2019 Spice Jet Limited

5/5

SpiceJet Limited319 Udyog Vihar, Phase-IV,

Gurgaon 122 016, Haryana, India

T : +91 124 3913939

F : +91 124 3913844

Registered Office: SpiceJet Limited, Murasoli Maran Towers, 73 MRC Nagar Main Road, MRC Nagar, Chennai 600028, Tamil Nadu, India

FinancialFortheQuarterendedMarch31,2013:

31%increaseinrevenuefromoperations. 8%increaseinpassengeryieldstoRs.3,739fromRs3,460 NetlossofRs.186croreforthequartercomparedtoanetlossofRs.249crorefor

theSamequarterprioryear

Forthe

Year

ended

March

31,

2013:

43%increaseinrevenuefromoperations 23%increaseinpassengeryieldstoRs.4,052fromRs 3,293 NetlossofRs.191crorefortheyearcomparedtoalossofRs.606crore

Mr.NeilMills,ChiefExecutiveOfficer,saidThepasttwelvemonthshavecontinuedtobe difficult and the Indian aviation industry witnessed increasing cost challengesparticularlyrelatingtoairportchargesaswellastheadverseimpactoftheweaknessoftherupee.Wecontinuetobeconfidentofthefuture,particularlyaswehave launchednumerous international routes and thiswill improve themixandperformance in thefuture.