SpiceJet shares jump on June quarter oper profit

Tags: Companies
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.

EDITORIAL OF THE DAY

  • India’s commercial links with Britain since Company Raj will still prosper

    There is little point in shedding tears over Britain’s exit from the European Union (EU).

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