Spirit said its net income fell to $125.4 million or $1.10 per share in the first quarter ended March 29, from $141.7 million or $1.17 per share, a year earlier.

Its revenue rose to $1.74 billion from $1.69 billion.

(Reporting by Arunima Banerjee in Bengaluru; Editing by Sai Sachin Ravikumar)