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Jet Airways loss widens in Jan-Mar quarter to Rs 21.5 bn
Source: IRIS | 27 May, 2014, 06.25PM
Rating: NAN / 5 stars.
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Jet Airways (India)  said its net loss for the quarter ended March 2014 has widened to Rs 21,535.70 million. It reported a net loss of Rs 4,955.30 million  in the same quarter last year.

Net sales for the quarter  rose 16.43% to Rs 45,661.70 million, compared with Rs 39,219 million for the prior year period.

Earnings per share stood negative at Rs 189.58 compared with negative Rs 57.40 in the same quarter last year.

Quarterly Results - Standalone (Rs in mn)
As atMar - 14Mar - 13%Change
Net Sales45,661.7039,219.2016.43
Net Profit(21,535.70)(4,955.30)-
Basic EPS(189.58)(57.40)-

Shares of the company declined Rs 9.8, or 3.53%, to settle  at  Rs 268.15.  The total volume of shares traded  was  338,767 at  the BSE (Tuesday).

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