*Spicejet Ltd.* | *CMP* Rs. 74 | *M Cap* Rs. 4438 Cr | *52 W H/L* 108/48
(Nirmal Bang Retail Research)
*Result is below expectation*
Net sales came at Rs. 1125 Cr (-40.4% QoQ, 116% YoY) vs expectation of Rs. 1588.4 Cr, QoQ Rs. 1888.1 Cr, YoY Rs. 520.9 Cr
EBITDAR with forex came at Rs. -256 Cr (-570.6% QoQ, 53.7% YoY) vs expectation of Rs. -146 Cr, QoQ Rs. 54.4 Cr, YoY Rs. -166.6 Cr
EBITDAR Margin came at -22.8% vs expectation of -9.2%, QoQ2.9%, YoY -32%
Adj. PAT came at Rs. -730.8 Cr vs expectation of Rs. -345.8 Cr, QoQ Rs. -256.7 Cr, YoY Rs. -600.5 Cr
Quarter EPS is Rs. -12.2