SpiceJet Q1FY26 results showed the airline slipping to a net loss of Rs 234 crore in the June quarter, compared to a profit of Rs 150 crore in the same period last year. The sharp fall in performance triggered a decline in the stock, which dropped over 3% intraday to Rs 32.6 on Monday.
Revenue also fell steeply, down 34.4% year-on-year to Rs 1,120 crore from Rs 1,708 crore. The company reported an EBITDA loss of Rs 86.7 crore, compared with an EBITDA profit of Rs 43.2 crore in Q1FY25.
Management admitted that multiple headwinds, including geopolitical turbulence, impacted the results. The airline has already been under financial strain, with its shares losing 33% over the past six months and nearly 50% in one year.
Despite the weak numbers, market sentiment remains mixed. The stock’s Relative Strength Index (RSI) at 57 suggests neutral momentum. According to Bloomberg data, four analysts currently track SpiceJet—one recommends a “buy,” two suggest “hold,” and one has issued a “sell” call.
