Jet Airways (India) swung to a profit for the quarter ended September 2014. During the quarter, the company reported a profit of Rs 698.20 million compared with a loss of Rs 8,910.10 million in the same quarter previous year.
Net sales for the quarter rose 13.77% to Rs 47,722.50 million, compared with Rs 41,947 million for the prior year period.
Earnings per share stood at Rs 6.15 compared with negative Rs 103.20 in the same quarter last year.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Sep - 14 | Sep - 13 | %Change |
| Net Sales | 47,722.50 | 41,947.00 | 13.77 |
| Net Profit | 698.20 | (8,910.10) | - |
| Basic EPS | 6.15 | (103.20) | - |
Shares of the company gained Rs 7.35, or 3.01%, to settle at Rs 251.45. The total volume of shares traded was 590,750 at the BSE (Friday).
