Join WhatsApp

Join Now

Join Telegram

Join Now

Jet Airways Pares Early Losses After Q2 Results Announcement

Key earnings highlights (Q2, YoY):

✅ Revenue up 9.5 percent to Rs 6,161 crore.

✅ Ebitdar loss at Rs 346 crore versus Ebitdar profit at Rs 837 crore.

✅ Net loss at Rs 1,297 crore versus net profit at Rs 50 crore.

✅ Revenue includes a one-off item of Rs 111 crore.

Shares of the airline operator parred early losses and rose as much as 3.3 percent to Rs 250.20.

The company reported a net loss of Rs 1,297 crore during the three months ended September. This is the third consecutive quarterly loss for the company.

Spread the love

Neal Bhai has been involved in the Bullion and Metals markets since 1998 – he has experience in many areas of the market from researching to trading and has worked in Delhi, India. Mobile No. - 9899900589 and 9582247600

Leave a Comment