SpiceJet Share Price Jumps 5% After Q4 Earnings and Lease Restructuring Deal

Market Performance: SpiceJet Share Price Opens with a 5% Surge

The SpiceJet share price witnessed a notable gain of nearly 5% during Monday's morning session on the BSE, following its Q4 FY25 results and key restructuring updates.

• Previous Close: ₹43.81
• Opening Price: ₹46
• Intraday Gain: ~5%

The stock's movement reflects renewed investor optimism, driven by the airline's financial turnaround and operational improvements.

Main News: Robust Q4 Results and Leasing Restructuring Plan Drive Momentum

SpiceJet's fourth-quarter performance surprised the market with substantial profit growth and strategic debt restructuring moves.

SpiceJet Q4 FY25 Highlights

• The airline reported a net profit of ₹324.87 Crore, marking a 174% year-over-year (YoY) increase compared to ₹118.9 Crore in Q4 FY24.
• This is the highest quarterly profit in SpiceJet's history.
• It is also the second consecutive profitable quarter, signaling recovery momentum.
• For the full fiscal year, SpiceJet posted a net profit of ₹48 Crore, its first annual profit in seven years.

Company Details: Strong Operational Metrics Fuel Turnaround

SpiceJet attributed the turnaround to:

• A high passenger load factor of 88.1%
• Increased yields
• Effective cost optimization strategies

These factors boosted both revenue and operating profits significantly during the March 2025 quarter.

Financial Performance Summary

Revenue

• Q4 FY25 Revenue: ₹1,942 Crore
• Sequential growth: 17.6%

EBITDA

• EBITDA for Q4 FY25: ₹527 Crore
• Previous Quarter EBITDA: ₹209 Crore
• QoQ Growth: ~152%

Net Profit

• Q4 FY25 Net Profit: ₹324.87 Crore
• Q4 FY24 Net Profit: ₹118.9 Crore
• YoY Growth: 174%
• Sequential growth: More than 12x

Restructuring Update: Lease Settlement with Carlyle Aviation

SpiceJet also announced a term sheet agreement with Carlyle Aviation Management Ltd. for restructuring its aircraft leasing obligations.

• Total lease arrears: $121.17 million (as of March 31, 2025)
• The restructuring involves the issuance or purchase of securities to settle the dues.

This move is viewed as a significant step toward easing the airline's debt burden and enhancing its liquidity.

Summary of the Article

The SpiceJet share price gained close to 5% in early trade after the company reported its highest-ever quarterly net profit of ₹324.87 Crore in Q4 FY25 and a landmark lease restructuring agreement with Carlyle Aviation. Improved load factors, strategic cost control, and rising revenues have contributed to the airline's first profitable fiscal year in seven years. The restructuring of over $121 million in lease arrears further strengthens SpiceJet's financial foundation, signaling a steady comeback in the competitive aviation space.