SpiceXpress Q1 net profit at Rs 18 crore

Net profit continues to increase QoQ despite a significant increase in ATF prices and a depreciating rupee.
SpiceXpress, the cargo division of SpiceJet, reported revenue of Rs 239 crore ($29.9 million) for the first quarter ended June 30, 2022, and a net profit of Rs 18 crore ($2.3 million) despite high ATF prices.
Profit margin increased to 8 percent from 4 percent QoQ, and the cargo carrier transported 33,097.4 tonnes in Q1FY2023, according to an official announcement.
The carrier secured certifications for international cargo operations into the E.U. and the U.K.


What makes us special?

So many academic goals that we expect you to achieve.

Internationally
Accredited

Project Oriented
Training

ISO 9001:2008
Certified

Hostel Facility

On Job Training

Infrastructure

100% Job
Oriented

Excellent Placement
Track Record

Well-equipped labs and state
of the art facilities