In value terms, the exports increased by 36 per cent to touch Rs 967.30 crore (Rs 9.67 billion) during the quarter.
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SpiceJet is offering fares on Mumbai-Dubai route as a discount.
Air India and IndiGo have already suspended Kamra from flying until further notice and six months, respectively.
SpiceJet on Monday launched discounted ticket sales at 'rates cheaper than AC 2-Tier train fare.
Spices Futures market is heading south and the trend is expected to continue for sometime from now.
Neil Mills explains the rationale behind slashing fare by 50 per cent in a recent offer.
The airline launched a three-day discounted sale of tickets starting at Rs 1,010, to mark its 10th anniversary
Wipro Consumer Care and Lighting on Thursday announced the acquisition of Brahmins - a Kerala-based traditional vegetarian, spice mix and ready-to-cook brand - and it has also drawn up plans to launch its snacks brand targeting the southern market. The company will focus on the southern market and is in the process of launching its own brand in the fast-growing ready-to-eat and snacks segment, Wipro Consumer Care and Lighting and managing director Vineet Agrawal told PTI. He further said Wipro Consumer Care and Lighting would take the acquisition route for expanding in the spices segment.
Such tickets can be booked through the SpiceJet website alone
If oil prices continue as they are and we can cut costs, we'll be able to break even in the next financial quarter, says Singh.
SpiceJet had last year announced a $4.4-bn deal for 42 Boeing 737 Max.
On December 31, SpiceJet's accumulated losses had grown to Rs 3,233 crore.
The Aditya Birla group's wireless telephony firm Idea Cellular has agreed to buy Spice Communications in a three-stage deal in which minority shareholders of Spice would be given an option either to swap their shares for the Birla group firm or sell them in an open offer.
Barring one quarter, SpiceJet made a profit in every quarter last year.
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This is also the highest ever profit recorded by the carrier, which was facing turbulent times a year ago.
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Indian sweet, snack, and restaurant chain group Bikanervala, with revenues of over Rs 3,000 crore, is working towards an initial public offering (IPO) for its food company in the next three years. Before that, it could also bring in private equity (PE) investors. The low-profile Aggarwal family-owned group company, Bikanervala Foods (which also sells under the brand name Bikano), operates in the snack business.
No-frill carrier SpiceJet on Monday announced compensation to passengers for delay or cancellation of flights due to factors within their control, through travel vouchers worth Rs 500 or Rs 1,000.
This is the third consecutive profitable quarter for SpiceJet.
Amusing spectacles unfold everyday with candidates attempting a variety of things from donning the role of a chef to washing clothes to woo voters, spicing up the campaign for the April 6 assembly polls in Tamil Nadu.
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Cash-strapped SpiceJet has cancelled over 1,800 flights across the country for the current month, in signs of mounting troubles for the budget airline.
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After all its flights remained grounded for most part of the day on Wednesday, cash-strapped SpiceJet resumed operations in the evening as oil companies, which had stopped fuel supplies to its aircraft, eased the restriction.
Last week, the carrier had asked about 60 pilots who had resigned to leave after serving only half the six-month notice period.
SpiceJet owes around Rs 240 crore (Rs 2.40 billion) to the Airports Authority of India (AAI) for using its airports in the country.
The B K Modi-led Spice Corporation said on Monday it has been shortlisted by the Satyam board to put its bid for a majority stake in the crisis-ridden IT firm. A senior official of Spice Corp told PTI the company would now get access to financial data relating to revenues, number of employees and clients and other details to value the firm for putting the auction price.
Though a formal purchase agreement with Boeing is yet to be signed, SpiceJet's order size could be of 40-50 planes, a source familiar with the development said. At list price, a 737 Max aircraft is valued at about $100 million (Rs 620 crore).
SpiceJet also plans to increase its daily flights to 251.
Low-cost carrier SpiceJet Ltd on Friday said it expects to resolve settlement disputes with its lessors shortly.
The DGCA has allowed SpiceJet to accept advance bookings beyond March 31.
Spices export increased close to 50 percent during April-August period. India exported US$421.16 million worth spices during this period while it was only US$ 280.71 million in same time last year.
The bookings for this three-day offer commences from Monday with a travel validity period between January 16 and October 24 next year, SpiceJet said.
The pilots of India's budget carrier SpiceJet would now be trained by flight training establishment of the Dubai carrier, Emirates.
Temasek Holdings Pte Ltd., the Singapore government's investment company, said it would not invest in SpiceJet Ltd., an Indian low-fare carrier that started flying in May, because of a disagreement on terms.
Seaplanes are fixed-wing aircraft that can take off and land on both water and airfields.
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