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Jet Airways Reports Net Loss Of Rs 1,323 Crore In April-June

Jet Airways shares closed with a gain of 2.3 ahead of release of Q1 earnings on Monday.
Jet Airways shares closed with a gain of 2.3 ahead of release of Q1 earnings on Monday.
Jet Airways on Monday reported a net loss of Rs 1,323 crore for the April-June period. That marked a quarter-on-quarter increase of 27.7 per cent in the net loss. The airline had registered a net profit of Rs 53.50 crore for the quarter ended June 30, 2017. Jet Airways' revenue from operations for the first quarter of 2018-19 came in at Rs 6,010 crore, 6.4 per cent higher from Rs 5,648.87 in the corresponding period a year ago.
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