Country's largest private airline company Jet Airways is set to announce its results for the third quarter of financial year 2012-13 on Friday. Analysts on an average expect the company to turn profitable with net profit at Rs 116.5 crore for the December quarter as against net loss of Rs 99.6 crore in September quarter.
Revenues are seen going up by 16.5 percent to Rs 4,826 crore from Rs 4,137.6 crore during the same period, according to CNBC-TV18 poll.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to go up by 2.9 times quarter-on-quarter to Rs 950 crore in October-December quarter. Operating profit margin is expected to improve quite significantly to 19.6 percent as against 7.6 percent QoQ.
01/02/13 CNBC-TV18/moneycontrol.com