Jet Q3 net drops 53%

Jet Airways today reported a 52.93% decline in net profit at Rs 61.01 crore for the third quarter ended December 31, 2005 as against Rs 129.63 crore in Q3FY05.

According to a release issued by the company to the BSE today, total income increased to Rs 1,499.03 crore in Q3FY06 from Rs 1,230.90 crore in Q3FY05.