Jet Airways (India) Ltd.

NSE: JETAIRWAYS | BSE: 532617 | ISIN: INE802G01018 | Industry: Airlines
|

logo
Jet Airways (India) Ltd.
17 Aug 2016, 12:00AM
ICICI Securities Limited
ICICI Securities Ltd | Retail Equity Research Jet Airways' performance during the quarter remained weak, mainly led by a drop in realisations (down 6.5% YoY), higher employee costs (up 16.4% YoY) & depreciation charge (up 25.4% YoY). This quarter also had an exceptional loss of | 92 crore with respect to forex loss. This, in turn, led to a sharp fall in net profit in the quarter While average domestic fares dropped sharply by 10% YoY led by a rise in competition, international fares declined only 2.5% YoY. Total...
More from Jet Airways (India) Ltd.
Recommended