SpiceJet shares jump on June quarter operating profit

Reuters Market Eye - Low-cost carrier SpiceJet jumps 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.

Shares in Spicejet closed 12.6 percent higher at 13.49 rupees.

(Reporting by Abhishek Vishnoi)