SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Jet Airways (India) has reported results for the second quarter ended September 30, 2011.

The company has reported a net loss of Rs 713.60 crore as compared to a net profit of Rs 12.40 crore for the corresponding quarter of the previous year. The company’s total income has increased by 7.37% at Rs 3332.07 crore for the second quarter of the current fiscal from Rs 3103.22 crore for the corresponding quarter of the previous year.

Unrealized foreign exchange losses alone contributed to Rs 275 crore of Jet's losses while its aircraft fuel bill rose 50% to 1,491 crore from a year earlier.

Moreover, Indian aviation companies have been pummeled by high costs, discounted fares and slowing demand. Jet & SpiceJet’s performance, along with Kingfisher’s deepening troubles, is likely to worsen the outlook for the sector.

Jet Airways (I) Share Price

34.04 0.00 (0.00%)
07-Nov-2024 00:00 View Price Chart
Peers
Company Name CMP
Interglobe Aviation 4679.25
SpiceJet 13.27
Raymond 421.20
Global Vectra Helico 198.00
Taneja Aerospace 275.25
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×