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.

EDITORIAL OF THE DAY

  • Mental illness needs to be treated not dismissed as madness

    We’re all mad here.” So said the Cheshire cat to Alice (Alice in Wonderland, Lewis Carol). It’s a matter of perspective who we call mad.

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Amita Sharma

Sanskrit: a victim of academic schizophrenia

J Robert Oppenheimer, the father of the atomic bomb and ...

Zehra Naqvi

God save the child

Childhood is supposed to be the best phase in life. ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture