Jet Airways Q4 loss widens to Rs 298 Crore

MUMBAI, May 25: Jet Airways (India), one of the largest Indian airline. Has posted a net loss of Rs 298.12 crore for the quarter ended March 31, 2012 as compared to net loss of Rs 124.46 crore in the same period last year.
However, total income has increased 24.61 percent from Rs 3243.47 crore for the quarter ended March 31, 2011 to Rs 4041.61 crore for the quarter ended March 31, 2012, a release said
For the year ended March 31, 2012, the company has posted consolidated net loss Rs 1420.13 crore as compared to loss of Rs 85.84 crore for the year ended March 31, 2011.
Total consolidated income has increased 15.29 percent from Rs 14488.32 crore for the year ended March 31, 2011 to Rs 16703.72 crore for the year ended March 31, 2012. (UNI)