SpiceJet said its profit rose to $12.93 million for the December quarter. (File)
Bengaluru:
India’s SpiceJet Ltd reported a nearly five-fold surge in third-quarter profit on Friday, as the embattled low-cost carrier benefited from soaring demand for air travel.
The airline said its profit rose to 1.07 billion rupees ($12.93 million) for the three months ended Dec. 31, from 232.8 million rupees, a year earlier.
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