SpiceJet shares jump on June quarter operating profit

Written by Reuters | Mumbai | Updated: Aug 18 2014, 16:57pm hrs
Low-cost carrier SpiceJet jumps 13.5 per cent 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.