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SpiceJet Limited

319 Udyog Vihar, Phase-IV,

Gurgaon 122016, Haryana, India.

Tel: + 91 124 3913939

Fax: + 91 124 3913844

Registered Office: Indira Gandhi International Airport, Terminal 1D, New Delhi 110037, India. Website: www.spicejet.com

CIN: L51909DL1984PLC288239

SpiceJet registers 12th consecutive profitable quarter

Reports highest-ever profit in its history

Profits grow by 32%, Revenue by 27% on the back of 14% increase in capacity

Passenger yields up 14%

Registers record Load Factor of over 95% in Q3 FY18; over 90% for 33 successive months

Bags 20 routes in UDAN Round II

Gurugram, February 7, 2018: SpiceJet reported a profit of INR 239.99 crore for the three months ended December 31st, 2017 as against INR 181.14 crore in the same quarter last year, making it the 12th successive profitable quarter for the airline. Profits grew by 32% against a capacity growth of 14% during this period as against the same quarter last year. The strong quarterly results were aided by a higher passenger load factor and a healthy increase in passenger yields despite a substantial rise of 17% in crude oil prices, a one-time expense of Rs. 25 crores and an inflationary increase of 3% in other costs. The Company witnessed a 14% increase in its passenger yields (Revenue per Available Seat Kilometer) while its average domestic load factor was 95%. SpiceJet has recorded more than 90% load factor for 33 successive months, a feat unparalleled globally. SpiceJet reported an operating revenue of INR 2,081.95 crore in the quarter. On an EBITDA basis, SpiceJet reported a profit of INR 330.73 crore. On an EBITDAR basis, the Company reported a profit of INR 597.04 crore.

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