Jet Airways back in black in FY11

Jet Airways (India) has reported results for the year ended March 31, 2011

The company has reported a net profit of Rs 9.69 crore for FY11 as compared to a net loss of Rs 467.64 crore for the previous year. Its total income has increased by 21.92% at Rs 12951.04 crore for the year under review from Rs 10622.92 crore in the last year.

On consolidated basis, the company has reported a loss of Rs 85.84 crore for the year under review as compared to net loss of Rs 420.18 crore for the last year. Total income for the quarter has increased by 20.34% at Rs 14726.98 crore as compared to Rs 12238.06 crore for the previous quarter.