 "Jet Airways Q2 standalone net slumps 91% to Rs 49.6 cr")
Jet Airways (India) Ltd, the country's second-largest airline, reported a 91 percent slump in standalone quarterly profit on Thursday, hurt by higher fuel expenses.
Net profit for the quarter ended Sept. 30 came in at Rs 49.6 crore, compared with a profit of
Rs 549 crore in the year-ago quarter.
Quarterly total expenses rose 9.2 percent to Rs 5,709 crore with aircraft fuel expenses rising about 17 percent.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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