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SpiceJet FY08 net loss widens to Rs 134 cr

Source : REUTERS
Last Updated: Tue, Jul 01, 2008 10:11 hrs
SpiceJet

New Delhi: Low-cost carrier SpiceJet Ltd net loss widened to Rs 134 crore for the year ended March 2008, compared to a net loss of Rs 72.1 crore in the year ago, as soaring fuel prices eroded margins.

Operational revenue for the year grew by 72 per cent to Rs 1295 crore, it said in a statement issued late evening on Monday.

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