BENGALURU (Reuters) -Shares of India’s SpiceJet Ltd tumbled nearly 15% on Thursday to a one-month low, after the low-cost carrier posted a bigger quarterly loss due to higher fuel costs and unfavourable foreign currency rates, and said its finance chief had resigned.
SpiceJet on Wednesday reported a net loss of 7.84 billion rupees ($98.50 million) for the quarter ended June 30, compared with a loss of 7.31 billion rupees a year earlier.
