SpiceJet continues to rise as it posts highest-ever Q1 2019 profit

India’s SpiceJet continues to increase its financial standing after reporting its highest-ever net profit of Rs 261.7 crore during the first quarter of the current fiscal year against a loss of Rs 38.1 crore experienced in the same period in 2018. The airline’s operating revenues stood at Rs 3,002.1 crore, an increase when compared against Rs 2,220.4 crore which the company posted last year. Meanwhile, SpiceJet’s operating expenses came in at Rs 2,883.6 crore, an improvement on the Rs 2,227.9 crore reported in the corresponding period last year.  The airline said that its total income rose to Rs 3,145.3 crore