Jet Airways Q3 net loss at Rs 587.77 cr
Struggling carrier Jet Airways Thursday reported a standalone net loss of Rs 587.77 crore for the third quarter ended December 31.
The company had posted a standalone net profit of Rs 165.25 crore in the same quarter previous fiscal, Jet Airways said in a regulatory filing.
The carrier said revenue from operations during the quarter under review stood at Rs 6,147.98 crore as against Rs 6,086.20 crore in the year-ago period.
Total expenses in the third quarter shot up to Rs 6,786.15 crore as compared to Rs 6,042.58 crore in the same quarter last fiscal, it added.
