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SpiceJet shares down 4% as Q3 loss widens

Shares of budget airline SpiceJet today fell by 4 percent after the company reported widening of net loss by a steep 59 percent during the third-quarter at Rs 275 crore.

SpiceJet registers Rs.102 crore net profit in Q3

According to the company, better fleet optimisation, altered route mix and higher yields helped achieve this result.