Business Standard

SpiceJet shares jump on June quarter oper profit

Image

Reuters

Reuters Market Eye - Low-cost carrier SpiceJet jumps 13.5 percent 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.

(Reporting by Abhishek Vishnoi)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 18 2014 | 11:27 AM IST

Explore News