New Delhi, Nov 13 (PTI) SpiceJet’s scrip today rose by

nearly 5 per cent after the company reported a 79 per cent

increase in net profit for the three months ended September.

Shares of the company jumped 4.78 per cent to end at Rs

149.10 on BSE. Intra-day, it gained 7.94 per cent to Rs

153.60.

In terms of equity volume, 72.54 lakh shares of the

company were traded on BSE during the day.

SpiceJet today reported a 79 per cent increase in net

profit to Rs 105.28 crore for the three months ended September

as higher passenger revenues and fall in expenses bolstered

the bottom line.

Staying in the black for the 11th straight quarter, the

no-frills airline recorded a higher total income of Rs

1,838.49 crore in the second quarter of the current fiscal.

The airline’s net profit climbed to Rs 105.28 crore in

the latest September quarter from Rs 58.91 crore in the year-

ago period, according to a filing to the stock exchange.

This is also the carrier’s highest ever second quarter

profit.

This is published unedited from the PTI feed.