Business Standard

Sunday, January 19, 2025 | 12:20 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

SpiceJet shares jump on June quarter operating profit

Image

Reuters

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)

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

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

Explore News