SpiceJet Limited registered a loss in fiscal year 2020 and its loss after tax stood at seven percent in that financial year. In the financial year 2020, the company had inadequate profit due to challenges at multiple fronts like the grounding of Boeing 737 MAX aircraft, a rise in fuel prices, highly variable foreign exchange rates, and shutdown of the aviation industry due to COVID-19 pandemic.
Profit after tax margin of SpiceJet from financial year 2014 to 2020
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Profit after tax margin
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Note: India's financial year begins in April and ends in March. For example, FY 2016 started in April 2015 and ended in March 2016.
Data from previous reports has also been used.
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SpiceJet. (December 2, 2020). Profit after tax margin of SpiceJet from financial year 2014 to 2020 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1043444/india-spicejet-pat-margin/
SpiceJet. "Profit after tax margin of SpiceJet from financial year 2014 to 2020." Chart. December 2, 2020. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1043444/india-spicejet-pat-margin/
SpiceJet. (2020). Profit after tax margin of SpiceJet from financial year 2014 to 2020. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1043444/india-spicejet-pat-margin/
SpiceJet. "Profit after Tax Margin of Spicejet from Financial Year 2014 to 2020." Statista, Statista Inc., 2 Dec 2020, https://www.statista.com/statistics/1043444/india-spicejet-pat-margin/
SpiceJet, Profit after tax margin of SpiceJet from financial year 2014 to 2020 Statista, https://www.statista.com/statistics/1043444/india-spicejet-pat-margin/ (last visited August 25, 2024)
Profit after tax margin of SpiceJet from financial year 2014 to 2020 [Graph], SpiceJet, December 2, 2020. [Online]. Available: https://www.statista.com/statistics/1043444/india-spicejet-pat-margin/