Jet Airways profit increases 23% in Q2FY2017

Jet Airways revenue up 6% - financial highlights:

• Three months ended 30-Sep-2016:
• • Total revenue: INR57,475 million (USD858.4 million), +5.6% year-on-year;
  • • Operating revenue: INR54,204 million (USD809.6 million), +3.1%;
  • Total costs: INR55,849 million (USD834.1 million), +5.2%;
  • • Fuel: INR13,074 million (USD195.3 million), -2.2%;
    • Labour: INR8134 million (USD121.5 million), +36.6%;
  • Profit: INR1081 million (USD16.1 million), +23.4%;
  • Passenger numbers: 6.8 million, +6.3%;
  • Passenger load factor: 82.0%, +2.9 ppts;
  • CASK: INR4.41 (USD6.6 cents), -0.4%;
• Six months ended 30-Sep-2016:
• • Total revenue: INR110,485 million (USD1651 million), +2.1%;
  • • Operating revenue: INR105,324 million (USD1574 million), +0.5%;
  • Total costs: INR105,964 million (USD1584 million), +1.8%;
  • • Fuel: INR24,638 million (USD368.2 million), -11.4%;
    • Labour: INR14,625 million (USD218.6 million), +27.3%;
  • Profit: INR2113 million (USD31.6 million), -31.7%. [more - original PR]

*Based on the average conversion rate at USD1 = INR66.9555 for three months ended 30-Sep-2016
*Based on the average conversion rate at USD1 = INR66.9139 for six months ended 30-Sep-2016