SpiceJet Q1 preview: Analysts eye liquidity measures, growth in cargo biz

SpiceJet Q1 result: SpiceJet currently sits on a debt pile of approximately Rs 3,000-3,500 crore, of which Rs 1,000 crore is on the balance sheet and Rs 2,000-2,500 crore is from the deferred leases

SpiceJet Q1 result: Given that budget carrier SpiceJet, as per analysts' expectations, is most likely report net loss for April-June quarter of FY22 (Q1FY22), all eyes are now on the airline’s fundraising plans as well as growth in the cargo business during the Covid-hit period, when it reports its Q1 result on Friday, August 13.

“Same as IndiGo, the key focus would be around its liquidity. The company has almost no liquidity and ended the quarter to March (Q4FY21) with free cash of only Rs 35.5 crore and restricted cash of Rs 140 crore. However, the similar kind of situation