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Jet Airways is expected to report net loss of Rs 320 crore in the first quarter FY12 against net loss of Rs 124 crore in previous quarter and Rs 35 crore in the year ago period.
Jet Airways’ vice president of finance, Shiv Kumar, tells CNBC-TV18 that the loss incurred in Q4 on an annual basis was mainly on account of fuel price hikes.
Jet Airways is to announce its fourth quarter results. The company's Q4 revenues are seen up 16% at Rs 3230 crore versus 2776 crore, year-on-year, YoY.
Jet Airways is to announce its fourth quarter results. The company's Q4 revenues are seen up 16% at Rs 3230 crore versus 2776 crore, year-on-year, YoY.
In an interview with CNBC-TV18, Shiv Kumar, VP Finance, Jet Airways, speaks about the results and gives his outlook going forward.
India's leading private carrier and Naresh Goyal-owned Jet Airways is set to report profit after tax of Rs 450 crore, a growth of 4 times as compared to Rs 105 crore in same period the previous quarter and seen up significantly from Rs 12.5 crore in previous quarter.