SpiceJet Delays FY23 Financial Results Due To 'Incapacitation' Of Key Audit Member

SpiceJet Limited, through an exchange filing on Thursday said that it will be declaring its financial results for financial year ended March 31, 2023 in the coming weeks and the intimation about the same shall be provided to the exchange in due course.

Through the filings, the company said that it could not hold the meeting of Audit Committee and Board Members in the past for approval of financial results for financial year ended March 31, 2023 due to ongoing medical incapacitation of a key member of its Audit Committee.

Since FY19, SpiceJet has been a incurred a consolidated net loss of Rs 302 crore, Rs 9,37 crore, Rs 1,030 crore and Rs 1,744 crore in FY19, FY20, FY21 and FY22 respectively.

SpiceJet Ltd Shares

FPJ Shorts

Mumbai Fraud: Mankhurd Family Accused Of Cheating 60 Investors Of ₹3.99 Crore With Fake High-Return Share Market Scam; FIR Registered

Nalasopara Tragedy: Speeding Truck Runs Over Motorcyclist Near Santosh Bhavan; Driver Flees, Residents Slam Safety Lapses

Mumbai News: Despite SC Order On Stray Dogs, City Schools And Colleges Lead With Compassion—Showcase Model Of Human–Animal Co-Existence

Nagpur Bench Of Bombay HC: 'Investigating Agencies Cannot Debit-Freeze Bank Accounts Under BNSS; Only Lien Allowed'

The shares of SpiceJet Ltd on Friday at 12:39 pm IST were at Rs 27.41, up by 0.22 percent.

Read Also

SpiceJet Plans To Add 10 Narrow-body Boeing Aircraft, Including Five B737 Max