Jet Airways Q3 loss widens to Rs 2,141.80 mn

>> Friday, January 16, 2009

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