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Feb 15, 2017, 11.57 AM | Source: Moneycontrol.com

SpiceJet, Cox & Kings down 6% on poor Q3 numbers

SpiceJet has reported 24.5 percent decline in its Q3 net profit at Rs 181.1 crore, while its total income rose 12.5 percent at Rs 1,642.4 crore.

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SpiceJet, Cox & Kings down 6% on poor Q3 numbers

SpiceJet has reported 24.5 percent decline in its Q3 net profit at Rs 181.1 crore, while its total income rose 12.5 percent at Rs 1,642.4 crore.

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Moneycontrol Bureau

Share price of  SpiceJet and  Cox & Kings slipped 6 percent intraday Wednesday on the back of weak numbers declared by the companies for the quarter ended December 2016.

Cox & Kings has registered 86 percent fall in its Q3 net profit at Rs 22.1 crore. Total income was down 19.8 percent at Rs 1,378.7 crore.

Operating profit fell 8.8 percent at Rs 99.7 crore and EBITDA margin was at 7.2 percent.

SpiceJet has reported 24.5 percent decline in its Q3 net profit at Rs 181.1 crore, while its total income rose 12.5 percent at Rs 1,642.4 crore.

At 10:49 hrs Cox & Kings was quoting at Rs 188.45, down 4.34 percent and SpiceJet was quoting at Rs 60.15, down 6.53 percent on the BSE.

Posted by Rakesh Patil
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SpiceJet, Cox & Kings down 6% on poor Q3 numbers
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Price when posted: BSE: Rs. 60.00

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