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SpiceJet shares jump on June quarter operating profit

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.

business Updated: Aug 18, 2014 14:09 IST
Reuters
SpiceJet operating results,operating loss,civil aviation

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.

First Published: Aug 18, 2014 11:38 IST