Epic Research

Monday, November 10, 2014

Epic Research Update : Jet Airways Q2


Epic Update Jet Airways
Net profit at Rs 69.8 crore versus loss of Rs 891 crore (YoY)
Total income at Rs 4,772.2 crore versus Rs 4,194.7 crore (YoY)
Other income at Rs 243.5 crore versus Rs 73.1 crore (YoY)
Exceptional gain at Rs 305 crore
Exceptional gain from slump sale of JetPrivilege Frequent Flyer Program Jet Airways
Board okays raising long-term finance up to USD 300 million
To raise long-term funds via redeemable preference shares or NCDs or loan from shareholder

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