SPICEJET Q3 FY26 results at a glance
SPICEJET LTD. Q3 FY26 key results metrics| Quarter | Q3 FY26 |
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| Quarter ended | 31 Dec 2025 |
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| Revenue | ₹1,345 cr |
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| Revenue YoY | +14.1% |
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| Operating profit | -₹275 cr |
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| Operating margin | -20.4% |
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| Net profit | -₹261 cr |
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| Net profit YoY | -1378.9% |
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| Net profit QoQ | +57.9% |
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| Net margin | -19.4% |
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| Basic EPS | ₹-1.78 |
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| TTM revenue | ₹4,531 cr |
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| TTM net profit | -₹775 cr |
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| TTM net margin | -17.1% |
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SPICEJET Q3 FY26 results: what the numbers say
SPICEJET LTD. (SPICEJET) has reported its Q3 FY26 results for the quarter ended 2025-12-31. The company posted revenue of ₹1,345 cr and a net profit of -₹261 cr, translating into earnings per share of ₹-1.78.
Compared with the same quarter a year earlier, revenue grew by +14.1% and net profit declined sharply by -1378.9%. Profit trailing revenue growth suggests costs, interest or tax absorbed part of the topline gain.
Operating profit for the quarter stood at -₹275 cr, an operating margin of -20.4% versus -19.5% a year ago — a contraction of 0.9 percentage points.
SPICEJET quarter-wise results table
Revenue
₹1,345 cr
+14.1% YoY
Net profit
-₹261 cr
-1378.9% YoY
Operating profit
-₹275 cr
-19.6% YoY
SPICEJET LTD. (SPICEJET) quarter-wise results — revenue, operating profit, net profit, margins, EPS and growth| Quarter | Revenue | Operating profit | Net profit | OPM | Net margin | EPS | Profit YoY | Profit QoQ |
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| Q3 FY262025-12-31 | ₹1,345 cr | -₹275 cr | -₹261 cr | -20.4% | -19.4% | ₹-1.78 | -1378.9% | +57.9% |
| Q2 FY262025-09-30 | ₹730 cr | -₹421 cr | -₹621 cr | -57.7% | -85.1% | ₹-4.40 | — | -165.7% |
| Q1 FY262025-06-30 | ₹1,060 cr | -₹256 cr | -₹234 cr | -24.2% | -22.1% | ₹-1.66 | — | -168.4% |
| Q4 FY252025-03-31 | ₹1,396 cr | -₹18.11 cr | ₹342 cr | -1.3% | 24.5% | — | — | +1572.8% |
| Q3 FY252024-12-31 | ₹1,179 cr | -₹229 cr | ₹20.44 cr | -19.5% | 1.7% | ₹0.16 | — | — |
| TTM (last 4 quarters) | ₹4,531 cr | -₹970 cr | -₹775 cr | -21.4% | -17.1% | — | — | — |
Consolidated figures as reported to the exchanges, shown in ₹ crore. OPM = operating profit margin. Updated automatically whenever a new quarter is filed.
SPICEJET quarterly income statement
Line-item results for the last six quarters as filed — sales, expenses, operating profit, interest, tax and profit after tax in ₹ crore.
SPICEJET LTD. quarterly income statement| Particulars | Q3 FY262025-12-31 | Q2 FY262025-09-30 | Q1 FY262025-06-30 | Q4 FY252025-03-31 | Q3 FY252024-12-31 |
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| Revenue / Sales | ₹1,345 cr | ₹730 cr | ₹1,060 cr | ₹1,396 cr | ₹1,179 cr |
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| Total expenses | ₹1,620 cr | ₹1,151 cr | ₹1,316 cr | ₹1,414 cr | ₹1,408 cr |
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| Gross profit | -₹75.69 cr | -₹229 cr | -₹70.23 cr | -₹160 cr | -₹73.09 cr |
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| Operating profit (EBIT) | -₹275 cr | -₹421 cr | -₹256 cr | -₹18.11 cr | -₹229 cr |
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| Operating margin | -20.4% | -57.7% | -24.2% | -1.3% | -19.5% |
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| Interest cost | ₹51.7 cr | ₹53.64 cr | ₹63.15 cr | -₹32.27 cr | ₹60.74 cr |
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| Profit before tax | -₹262 cr | -₹621 cr | -₹234 cr | ₹342 cr | ₹20.27 cr |
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| Tax expense | ₹0 cr | ₹0 cr | ₹0 cr | ₹0 cr | ₹0 cr |
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| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
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| Net profit (PAT) | -₹261 cr | -₹621 cr | -₹234 cr | ₹342 cr | ₹20.44 cr |
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| Net profit margin | -19.4% | -85.1% | -22.1% | 24.5% | 1.7% |
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| Basic EPS | ₹-1.78 | ₹-4.40 | ₹-1.66 | — | ₹0.16 |
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| Diluted EPS | ₹-1.78 | ₹-4.40 | ₹-1.66 | — | ₹0.15 |
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SPICEJET results growth — YoY and QoQ
Quarterly growth rates, year on year and quarter on quarter| Growth | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 |
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| Revenue YoY | +14.1% | — | — | — | — |
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| Revenue QoQ | +84.3% | -31.1% | -24.1% | +18.4% | — |
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| Operating profit YoY | -19.6% | — | — | — | — |
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| Operating profit QoQ | +34.8% | -64.2% | -1316.0% | +92.1% | — |
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| Net profit YoY | -1378.9% | — | — | — | — |
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| Net profit QoQ | +57.9% | -165.7% | -168.4% | +1572.8% | — |
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| EPS YoY | -1212.5% | — | — | — | — |
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| EPS QoQ | +59.5% | -165.1% | — | — | — |
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SPICEJET annual results history
Full-year performance for SPICEJET LTD., useful for reading each quarter in context.
SPICEJET LTD. annual income statement| Particulars | FY252025-03-31 | FY242024-03-31 | FY232023-03-31 | FY222022-03-31 |
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| Revenue / Sales | ₹5,074 cr | ₹6,779 cr | ₹8,572 cr | ₹6,410 cr |
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| Total expenses | ₹5,960 cr | ₹7,645 cr | ₹9,811 cr | ₹8,315 cr |
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| Gross profit | -₹500 cr | -₹387 cr | -₹919 cr | -₹1,590 cr |
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| Operating profit (EBIT) | -₹886 cr | -₹866 cr | -₹1,239 cr | -₹1,905 cr |
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| Operating margin | -17.5% | -12.8% | -14.4% | -29.7% |
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| Interest cost | ₹205 cr | ₹333 cr | ₹398 cr | ₹346 cr |
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| Profit before tax | ₹61.93 cr | -₹424 cr | -₹1,513 cr | -₹1,744 cr |
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| Tax expense | ₹0 cr | ₹0 cr | ₹0 cr | ₹0 cr |
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| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% |
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| Net profit (PAT) | ₹62.77 cr | -₹423 cr | -₹1,513 cr | -₹1,744 cr |
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| Net profit margin | 1.2% | -6.2% | -17.6% | -27.2% |
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| Basic EPS | ₹0.60 | ₹-6.37 | ₹-25.13 | ₹-29.00 |
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| Diluted EPS | ₹0.60 | ₹-6.37 | ₹-25.13 | ₹-29.00 |
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Revenue trend and demand read-through
Topline for Q3 FY26 came in at ₹1,345 cr against ₹1,179 cr in Q3 FY25, and ₹730 cr in the preceding Q2 FY26 quarter.
On a sequential basis revenue grew +84.3%. Sequential moves are the quickest read on demand momentum because they strip out the base effect of a year-old quarter, though seasonality can distort a single quarter.
Total expenses for the quarter were ₹1,620 cr, or 120.4% of revenue, with operating profit declined -19.6% year on year.
Margins, tax and profitability
Net profit of -₹261 cr works out to a net margin of -19.4% compared with 1.7% in the year-ago quarter. Margin pressure of this kind usually reflects higher input costs, pricing competition, or a heavier interest and depreciation load.
Below the operating line, SPICEJET LTD. reported profit before tax of -₹262 cr, a tax charge of ₹0 cr (effective rate 0.0%), interest cost of ₹51.7 cr. Reading these together with operating profit shows how much of the quarter's earnings were driven by the core business versus financing and tax movements.
Sequentially, net profit moved from -₹621 cr in Q2 FY26 to -₹261 cr in Q3 FY26, a change of +57.9%.
Trailing twelve months and annual context
Across the trailing four quarters SPICEJET LTD. has generated revenue of ₹4,531 cr and net profit of -₹775 cr, a trailing net margin of -17.1%. The trailing view smooths out one-off quarters and is the number most valuation multiples are built on.
On a full-year basis, FY25 revenue was ₹5,074 cr with net profit of ₹62.77 cr and EPS of ₹0.60, versus the prior year where revenue declined -25.2% and profit grew +114.8%.
What to watch in the next SPICEJET quarter
For the coming quarters the numbers worth tracking on this page are revenue momentum, the operating margin trend, the interest burden and whether EPS keeps pace with profit growth. A single weak quarter matters less than the direction over three to four consecutive quarters.
SPICEJET LTD. has not yet intimated its next results date to the exchange. This page refreshes automatically from filings and the board-meeting calendar, so the tables above will reflect the next quarter as soon as it is reported.
All figures here are as reported to the exchanges and shown in ₹ crore, without adjustment. This is information and analysis, not investment advice.
SPICEJET results coverage
No results report published for SPICEJET yet — our desk covers each quarter within minutes of the filing.
SPICEJET quarterly results FAQs
What were SPICEJET LTD. (SPICEJET) Q3 FY26 results?
In Q3 FY26 (quarter ended 31 Dec 2025), SPICEJET LTD. reported revenue of ₹1,345 cr and net profit of -₹261 cr, a change of -1378.9% year on year on +14.1% revenue growth. EPS stood at ₹-1.78.
What is SPICEJET profit margin in Q3 FY26?
SPICEJET LTD. posted a net profit margin of -19.4% and an operating margin of -20.4% in Q3 FY26. On a trailing twelve-month basis, revenue is ₹4,531 cr and net profit -₹775 cr.
Did SPICEJET results beat the previous quarter?
SPICEJET LTD. net profit changed +57.9% quarter on quarter, from -₹621 cr in Q2 FY26 to -₹261 cr in Q3 FY26.
When are SPICEJET LTD. (SPICEJET) quarterly results?
SPICEJET LTD. has not yet intimated its next results date to the exchange. This page updates automatically from the exchange board-meeting calendar.
Where can I see SPICEJET latest quarterly results?
Results coverage for SPICEJET will appear here as soon as the company reports. Meanwhile you can track live price and technicals on the SPICEJET stock page.
What is SPICEJET LTD. annual revenue and profit?
For FY25, SPICEJET LTD. reported full-year revenue of ₹5,074 cr and net profit of ₹62.77 cr, with EPS of ₹0.60.
How many quarterly results has SPICEJET declared recently?
Past results dates for SPICEJET will be listed here from the exchange calendar.
Results dates sourced from the exchange board-meeting calendar; reported figures from company filings, last refreshed 12 Sept 2026. For information only, not investment advice.
