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24-May2018

Jet Airways reports net loss of Rs 1036.00 crore in Q4

Jet Airways (India) has reported results for the fourth quarter and year ended March 31, 2018.

The company has reported a net loss of Rs 1036.00 crore for the quarter ended March 31, 2018 as compared to net profit of Rs 602.42 crore for the same quarter in the previous year. Total income of the company decreased by 3.45% at Rs 6055.15 crore for quarter under review as compared to Rs 6271.21 crore for the quarter ended March 31, 2017.

For the year ended March 31, 2018, the company has posted a net loss of Rs 767.62 crore as compared to net profit of Rs 1482.52 crore for the the previous year. However, total income of company increased by 3.98% at Rs 23958.37 crore for year under review as compared to Rs 23040.87 crore for the year ended March 31, 2017.


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