SpiceJet reported a ₹441.7 crore net loss in Q2 FY25 but rebounded with a ₹25 crore profit in Q3 FY25. Passenger traffic grew to 12.67 lakh, increasing market share to 3%. Revenue rose from ₹817.12 crore in Q2 to ₹1,140.66 crore in Q3. The airline aims for further recovery through operational efficiency and market expansion.