The company said it could remain profitable despite a softening of demand due to demonetisation and rising fuel prices.
On the BSE, 67.71 lakh shares of the company were traded during the day.
The company’s market valuation fell by Rs 260.3 crore to Rs 3,596.70 crore.
Bogged down by demonetisation and higher fuel costs, SpiceJet on Monday reported a 24 per cent fall in net profit at Rs 181.1 crore in three months ended December 2016 even as the second largest low-cost carrier remained in the black for the eighth straight quarter.
The airline had posted a net profit of Rs 238.39 crore in the corresponding quarter a year ago.
The airline reported operating revenue of Rs 1,642.4 crore as its seat load factor remained robust at 90.7 per cent, the highest in the industry.
1. Yes, it’s a volunteer position so no, we don’t get paid.
This seems fairly obvious to us, but we run into a lot of people — mostly protesters — who think we get paid for what we do.
2. There is no such thing as a normal day.
While our basic mission is always the same — get patients to the door — different days bring different obstacles.
3. But a lot of the protesters are regulars, so we come to know what to expect.
Usually, we can count on who we’re going to see and how they’re going to act. Some protesters are polite and quiet, and are only there to pray or pass out pamphlets — others we know are going to yell, try to get physical with patients, or even break the law. Most seasoned escorts know the regular protesters by name.
4. We’re there to make patients feel as safe and comfortable as possible and to deescalate situations, not to engage with the protesters.
We’re not counter-protesters. Our job isn’t to argue even if we disagree vehemently, because we’re there to keep things calm. And confrontation doesn’t help that.