SpiceJet to consider fresh capital raise via equity, prefs
In short
SpiceJet will consider raising fresh money through equity and preference shares.
Its September quarter FY26 loss widened to ₹621 crore from ₹458 crore a year earlier, and revenue fell 13.4% to ₹792 crore.
What the reporting says
SpiceJet will consider a fresh capital raise through equity and preference shares, while its September quarter FY26 numbers showed deeper losses and weaker revenue. The airline reported a net loss of ₹621 crore, compared with ₹458 crore a year earlier, and revenue fell 13.4% year-on-year to ₹792 crore from ₹915 crore. The figures point to continued pressure on operations as investors await the funding decision.
Why it matters
SpiceJet is considering a new capital raise through equity and preference shares after a weak September quarter in FY26. The airline reported a net loss of ₹621 crore, wider than ₹458 crore a year earlier, while revenue declined 13.4% to ₹792 crore from ₹915 crore. The reported numbers suggest continued operational strain, and the funding move is being watched for relief to the balance sheet.