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
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
This is published unedited from the PTI feed.