Jet Airways reports net loss of Rs 495.53 crore in Q4

27 May 2013

Jet Airways (India) has reported results for the fourth quarter and year ended March 31, 2013.

The company has reported a net loss of Rs 495.53 crore for the quarter ended March 31, 2013 as compared to a net loss of Rs 298.12 crore for the same quarter in the previous year. However, total income from operations has decreased by 2.95% at Rs 3921.92 crore for quarter under review as compared Rs 4041.16 crore for the quarter ended March 31, 2012.

For the full year ended March 31, 2013, the company has posted net loss of Rs 485.50 crore as compared to the net loss of Rs 1236.10 crore for the same period in the previous year. However, total income from operations has increased by 13.75% at Rs 16852.59 crore for year under review as compared to Rs 14815.91 crore for the period ended March 31, 2012.

On consolidated basis, for the full year ended March 31, 2013, the company has posted net loss of Rs 779.28 crore as compared to the net loss of Rs 1420.13 crore for the same period in the previous year.  However, total income from operations has increased by 12.79% at Rs 18840.56 crore for year under review as compared to Rs 16703.22 crore for the period ended March 31, 2012.

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