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SpiceJet net profit down by 43 per cent in fourth quarter ended March 31 SpiceJet net profit down by 43 per cent in fourth quarter ended March 31 For The Full Fiscal 2016-17, The Airline Posted A Net Profit Of Rs 430 Crore As Compared To Rs 407 Crore Reported In The Fiscal Year Ended March 2016. PTI | Updated on: 03 Jun 2017, 08:07:58 PM Mumbai: Indian airline SpiceJet on Saturday reported 43 per cent fall in net profit at Rs 41.6 crore for the fourth quarter ended March 31, 2017 due to higher fuel cost and lower yield on account of demonetisation. The Gurgaon-based carrier had reported a net profit of Rs 73 crore during the January-March quarter of the 2015-16 fiscal.

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