Jet Airways (India) slumped 6.23% to Rs 251.45 at 09:21 IST on BSE after the company reported dismal Q4 results after market hours on Tuesday, 27 May 2014.
Meanwhile, the BSE Sensex was up 19.06 points, or 0.08%, to 24,568.57
On BSE, so far 2.27 lakh shares were traded in the counter, compared with an average volume of 5 lakh shares in the past one quarter.
The stock hit a high of Rs 253 and a low of Rs 243 so far during the day. The stock hit a 52-week high of Rs 561.80 on 28 May 2013. The stock hit a 52-week low of Rs 210.25 on 5 February 2014.
The small-cap company has an equity capital of Rs 113.60 crore. Face value per share is Rs 10.
Jet Airways (India) reported a net loss of Rs 2153.57 crore in Q4 March 2014, higher than net loss of Rs 495.53 crore in Q4 March 2013. Total income rose 9.59% to Rs 4678.17 crore in Q4 March 2014 over Q4 March 2013.
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Jet Airways (India) reported a net loss of Rs 3667.85 crore in the year ended 31 March 2014 (FY 2014), higher than net loss of Rs 485.50 crore in the year ended 31 March 2013 (FY 2013). Total income rose 1.78% to Rs 17713.47 crore in FY 2014 over FY 2013.
On consolidated basis, Jet Airways (India) reported a net loss of Rs 4129.76 crore in FY 2014, higher than net loss of Rs 779.78 crore in FY 2013. Total income rose 0.18% at Rs 19445.30 crore in FY 2014 over FY 2013.
Jet Airways (India)'s board of directors at its meeting held on Tuesday, 27 May 2014, approved the appointment of Mr. Cramer Ball as the Chief Executive Officer (CEO) of the company, subject to all requisite government/regulatory approvals including his security clearance being obtained.
Jet Airways currently operates a fleet of 113 aircraft. With an average fleet age of 5.30 years, the airline has one of the youngest fleet of aircraft in the world. The company operates flights to 74 destinations.
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