News Business Jet flies deeper into red; Q4 loss widens to Rs 2,153 cr

Jet flies deeper into red; Q4 loss widens to Rs 2,153 cr

Mumbai: Private carrier Jet Airways today reported a massive loss of Rs 2,153.57 crore in the fourth quarter ended March 31, 2014.The company had reported a net loss of Rs 495.53 in the year-ago period.The

jet flies deeper into red q4 loss widens to rs 2 153 cr jet flies deeper into red q4 loss widens to rs 2 153 cr
Mumbai: Private carrier Jet Airways today reported a massive loss of Rs 2,153.57 crore in the fourth quarter ended March 31, 2014.

The company had reported a net loss of Rs 495.53 in the year-ago period.

The total income, however, grew nearly 10 per cent to Rs 4,678.17 crore during the fourth quarter, the Naresh Goyal-promoted airline said in a filing to the BSE.  For the full fiscal, the company reported a net loss of Rs 3,667.85 crore as against Rs 485 crore in FY'13.  Total income in FY'14 increased to Rs 17,713.47 crore from Rs 17,403.17 crore in FY'13.

Latest Business News