Jet Airways Q2 net falls 91% to Rs 49.36 cr

Mumbai, Dec 7 (PTI) A massive fall in the other income saw the country's second largest airline Jet Airways standalone net profit plummeting to Rs 4...

Published: 07th December 2017 07:46 PM  |   Last Updated: 07th December 2017 07:45 PM   |  A+A-

By PTI

Mumbai, Dec 7 (PTI) A massive fall in the other income saw the country's second largest airline Jet Airways standalone net profit plummeting to Rs 49.63 crore in the quarter ended September 2017.

The Naresh Goyal-owned private carrier had posted a net profit of Rs 549.02 crore in the same period last fiscal.

The total sales also declined to Rs 5,758.18 crore in the quarter as compared to Rs 5,772.79 crore in same quarter of previous fiscal, Jet Airways said in a regulatory filing today.

The other income declined 59 per cent to Rs 131.57 crore in the reporting quarter from Rs 319.58 crore a year-ago period, according to the filing. PTI IAS DSK DSK .

This is unedited, unformatted feed from the Press Trust of India wire.

Stay up to date on all the latest PTI NEWS news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)
facebook twitter whatsapp