Low cost airline SpiceJet today reported a net profit of Rs 26.34 crore in the first quarter ended June 30, 2009.

The company had a net loss of Rs 129.22 crore in the June quarter of 2008, SpiceJet said in a filing to the Bombay Stock Exchange (BSE).

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Shares of SpiceJet were quoting at Rs 20.45, up 7.35 per cent in early morning trade on the BSE.

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