SpiceJet share price falls 15% intraday as net loss widens to Rs 789 crore in June quarter
Facing financial turbulence, SpiceJet aircraft have been involved in a series of incidents in the past, following which the Directorate General of Civil Aviation (DGCA) had issued a show-cause notice to the airline.
![SpiceJet share price falls 15% intraday as net loss widens to Rs 789 crore in June quarter SpiceJet share price falls 15% intraday as net loss widens to Rs 789 crore in June quarter](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_850x478/public/2022/09/01/197968-untitled-design-2022-09-01t110915657.jpg?itok=ircAq12g&c=c5af8c0f92ccc8e249257bf0f1cb18e8)
The low-cost carrier had a net loss of Rs 729 crore in the quarter ended June 2021. In the latest June quarter, the net loss is Rs 420 crore, excluding forex adjustment. Pic: Reuters