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BUZZ — India's Skyways Air Services jumps after quarterly profit nearly triples

* Skyways Air Services' shares climb nearly 12% to 131.95 rupees * Logistics solution provider's June-quarter consol net profit surged nearly threefold Y/Y to 196.7 mln rupees ($2.1 mln) * Revenue jumped 90.4% Y/Y to 12.17 bln rupees * SKYA to invest up to 300 mln rupees to set up overseas offices or subsidiaries or joint ventures in China, Malaysia, Indonesia, Singapore, and the Philippines * Co will infuse up to 200 mln rupees in existing overseas subsidiaries * SKYA up nearly 6% from trading debut on September 1 ($1 = 95.7600 Indian rupees) (Reporting by Vijay Malkar in Bengaluru) ((mailto:VijayDattaram.Malkar@thomsonreuters.com; +91 8097833031;)

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