HindustanTimes Sat,25 Oct 2014

SpiceJet shares jump on June quarter operating profit

Reuters  Mumbai, August 18, 2014
First Published: 11:38 IST(18/8/2014) | Last Updated: 14:09 IST(18/8/2014)

Low-cost carrier SpiceJet jumps 13.5% after April-June results.

June quarter operating profit at Rs. 90 million ($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.

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