Jet Airways Q3 loss widens to Rs 2,141.80 mn

Jet Airways (India) loss for the quarter ended December 2008 has widened. During the quarter, the loss of the company rose to Rs 2,141.80 million compared with a loss of Rs 911.20 million in the same quarter previous year.

Net sales for the quarter rose 24.60% to Rs 30,228.30 million, while total income for the quarter rose 21.69% to Rs 30,630.70 million, when compared with the prior year period.

The company reported loss of Rs 24.81 a share during the quarter compared with loss of Rs 10.55 a share in prior year period.

Quarterly Results - Standalone (Rs in mn)
As at	Dec - 08	Dec - 07	%Change
Net Sales	30,228.30	24,259.80	24.60
Net Profit	(2,141.80)	(911.20)	-
Basic EPS	(24.81)	(10.55)	-

Shares of the company gained Rs 1.95, or 1.26%, to settle at Rs 157.05. The total volume of shares traded was 282,926.00 at the BSE (Friday). - MyIRIS