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Jet Q1 loss widens; co warns of margin pressure in Q2 also

Jet Airways' net loss for the June quarter widened to Rs 123 crore, compared to Rs 3.5 crore last year, as fuel costs rose 57%. The loss was lower than analyst estimates, as the company showed Rs 118 crore as receivable from its maintenance vendor. But for this accounting entry, the net loss would have been much higher at Rs 241 crore

July 22, 2011 / 18:58 IST
     
     
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    Moneycontrol Bureau

    Jet Airways
    first published: Jul 22, 2011 03:28 pm

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