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

Tags: News
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.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • India’s festivals teach us to share our wealth and joy

    India is an aporia in its own true sense.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Tushar Gandhi

Sustainable model for rural sanitation

Prime minister Narendra Modi has promised to build a toilet ...

Zehra Naqvi

How smells evoke strong memories

Remember that time when a passing fragrance transported you to ...

Dharmendra Khandal

Indian zoos need a fresh approach

Recently, when a man jumped in a tiger trench of ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture