Kingfisher Airlines net loss, as expected, has increased 61 per cent to Rs 753 crore (Rs 7.53 billion) for the second quarter, compared to Rs 468 crore (Rs 4.68 billion) a year ago.
Total income plummeted eight times to Rs 200 crore (Rs 2 billion) from Rs 1,552 crore (Rs 15.52 billion).
The operating loss was Rs 202 crore (Rs 2.02 billion), and due to adjusting for finance cost of Rs 401 crore (Rs 4.01 billion), a one-time cost of Rs 448 crore (Rs 4.48 billion) due to re-delivery of cost and restructuring, the net loss was at Rs 753 crore (Rs 7.53 billion.
09/11/12 Rediff.com
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Total income plummeted eight times to Rs 200 crore (Rs 2 billion) from Rs 1,552 crore (Rs 15.52 billion).
The operating loss was Rs 202 crore (Rs 2.02 billion), and due to adjusting for finance cost of Rs 401 crore (Rs 4.01 billion), a one-time cost of Rs 448 crore (Rs 4.48 billion) due to re-delivery of cost and restructuring, the net loss was at Rs 753 crore (Rs 7.53 billion.
09/11/12 Rediff.com
