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SpiceJet posts net profit of Rs 205 crore in Q1; stock jumps 6%

SpiceJet share price: Ajay Singh, Chairman and Managing Director, SpiceJet, said, "Despite facing multiple challenges, we have posted a profit in Q1 FY24. I firmly believe in the potential of our airline, and I am pleased to have contributed to its growth by infusing Rs 500 crore into the company."
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