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Jet Airways slips into red with net loss of Rs 123.16 crore in Q1

23 Jul 2011 Evaluate

Jet Airways (India) has announced the following results for the quarter ended June 30, 2011

The company has reported a net loss of Rs 123.16 crore for the quarter as compared to net profit of Rs 3.52 crore for the quarter ended June 30, 2010. Its total Income has increased by 18.50% to Rs 3582.39 crore for the quarter from Rs 3023.21 crore for the corresponding quarter of the previous year.

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