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SpiceJet shares jump on June quarter operating profit

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Reuters
Last Updated : Aug 18 2014 | 5:16 PM IST

Reuters Market Eye - Low-cost carrier SpiceJet jumps after April-June results.

June quarter operating profit at 90 million rupees ($1.48 million) before restructuring and certain one-off costs, helps the rally.

Traders say it's a positive surprise compared to expectations of an operating loss.

Shares in Spicejet closed 12.6 percent higher at 13.49 rupees.

(Reporting by Abhishek Vishnoi)

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First Published: Aug 18 2014 | 5:06 PM IST

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