The company in an exchange filing said that it has filed an application to be listed on the National Stock Exchange (NSE). SpiceJet is currently listed on BSE only.
The company’s total revenue from operations stood at Rs 1,408 crore in Q3FY26, up 14% over Rs 1,237 crore posted in the corresponding period of the last financial year.
The loss declined sequentially from Rs 621 crore reported in Q2FY26 riding on 78% jump in company’s topline in the quarter under review compared to Rs 792 crore posted in the July-September quarter of FY26.
The company in its earnings filing said that grounded fleet costs, higher ATF prices, rupee depreciation and one-time labour law impact weigh on expenses in the reported quarter.
SpiceJet’s expenses grew 9.3% to Rs 1,787 crore in Q3FY26 versus Rs 1,634 crore in the year ago period. The expenses grew 23% sequentially from Rs 1,457 crore in Q2FY26.
The company’s assessment revealed the financial implication of New Labour Codes at Rs 18.6 crore. It said that the impact of the event is of non-recurring nature.SpiceJet said that its domestic market share increased to 4.3% in December 2025 from 1.9% in September due to significant expansion in capacity by 56% with addition of 16 aircraft contributing to substantial reduction in loss.
Moreover, the Board approved calibrated fleet ramp-up to 55-60 aircraft for winter schedule. The company also has plans to strengthen liquidity through monetisation of surplus spares.
