SpiceJet says Q4 2021 earnings delayed due to ransomware attack on IT systems

No-frills airline SpiceJet on Friday said the announcement of its audited standalone and consolidated financial results for the quarter and financial year ended March 31 will be delayed due to a ransomware attack on its IT systems. In a regulatory filing, SpiceJet said it has postponed its board meeting on May 30 to consider and approve the company’s March quarter and FY22 results at a later date.

“We would like to inform you that we anticipate a delay in the submission of the Audited Standalone and Consolidated Financial Results of the Company for the financial year ended March 31, 2022 with the Stock Exchange… ransomware An attack on our IT systems, which has affected the completion of the audit process within the stipulated time.”

The company is taking corrective steps on this issue with the help of cyber experts and officials.

“Accordingly, the company’s board meeting scheduled for May 30 is being postponed and the revised date of the board meeting will be intimated shortly,” SpiceJet said.

many SpiceJet Flights were delayed Tuesday due to a ransomware attack on its systems.

A SpiceJet spokesperson said, “Some SpiceJet systems suffered a ransomware attack last night, which has affected our flight operations. While our IT team has controlled and rectified the situation to a great extent, it has had a massive impact on our flights. There has been an impact, which has led to a delay.” Said in a statement on 25 May.

In the statement, the airline also said that it is in touch with experts and cyber crime officials on this issue.

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