Kingfisher Airlines

Victoria
By Victoria February 6, 2013 15:00

Kingfisher Airlines

Kingfisher Airlines reported a third-quarter net loss of Rs 755.17 crore – 70% more than the Rs 444.26 crore posted in the year-ago quarter.

The grounded airline did not report any revenue for the quarter.

Observers have commented that should the results for the quarter have been reported using generally accepted accounting standards, the loss would have been Rs 1,090.34 crore.

Victoria
By Victoria February 6, 2013 15:00
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