Jet Airways Q1 profit more than doubles to Rs53.5 crore

Jet Airways revenue from operations rose about 10% to Rs5,649 crore. Photo: Mint

Jet Airways revenue from operations rose about 10% to Rs5,649 crore. Photo: Mint

Jet Airways (India) Ltd’s net profit more than doubled in the June quarter as healthy domestic growth offset muted earnings from its global operations. It was also bumped up by higher other income and gains on foreign exchange.

Profit rose to Rs53.5 crore in the three months to June from Rs25.88 crore a year ago.

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Credit: livemint.com