Jet Airways (India) standalone net profit declines 90.73% in the March 2017 quarter

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Sales rise 3.09% to Rs 5449.13 crore
Net profit of Jet Airways (India) declined 90.73% to Rs 36.80 crore in the quarter ended March 2017 as against Rs 397.16 crore during the previous quarter ended March 2016. Sales rose 3.09% to Rs 5449.13 crore in the quarter ended March 2017 as against Rs 5285.64 crore during the previous quarter ended March 2016.For the full year,net profit declined 66.73% to Rs 390.43 crore in the year ended March 2017 as against Rs 1173.56 crore during the previous year ended March 2016. Sales rose 1.27% to Rs 21552.35 crore in the year ended March 2017 as against Rs 21281.45 crore during the previous year ended March 2016.
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First Published: May 31 2017 | 11:48 AM IST