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Grounded Kingfisher Airlines net loss widens

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Reuters NEW DELHI
Last Updated : Aug 14 2013 | 4:35 PM IST

NEW DELHI (Reuters) - Grounded carrier Kingfisher Airlines Ltd reported on Wednesday yet another quarterly loss as it had no income from operations.

Cash-strapped Kingfisher, which has not flown since last October, said net loss was 11.57 billion rupees for the three months to end-June, compared with a net loss of 6.51 billion rupees reported in the year-ago quarter.

($1 = 61.0850 rupees)

(Reporting by Devidutta Tripathy; Editing by Anand Basu)

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First Published: Aug 14 2013 | 4:29 PM IST

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