Jet Airways first-quarter profit more than doubles

REUTERS - Jet Airways (India) Ltd, the country's second largest airline by market share, on Tuesday said its first-quarter net profit more than doubled.

Net profit was 535 million rupees ($8.36 million) in the quarter ended June 30, compared with 258.8 million rupees a year earlier (http://bit.ly/2wXWaxC)

Revenue from operations rose about 10 percent to 56.49 billion rupees, the company said in a statement.

($1 = 64.0260 Indian rupees)

(Reporting by Jessica Kuruthukulangara in Bengaluru; Editing by Subhranshu Sahu and Vyas Mohan)