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Kingfisher Airlines extend losses in Q3

Kingfisher Airlines extend losses in Q3
PTI
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First Published: Thu, Jan 21 2010. 03 47 PM IST
Updated: Thu, Jan 21 2010. 03 47 PM IST
Mumbai: Private carrier Kingfisher Airlines on Thursday said its net loss for the third quarter ended 31 December, 2009 has widened to Rs419.96 crore.
The company had a net loss (loss from ordinary activities after tax) of Rs413.39 crore for the quarter ended December 2008, Kingfisher Airlines said in a filing to the Bombay Stock Exchange.
The Vijay Mallya-promoted private airline also reported a decline in its income from operations at Rs1,352.45 crore for the December quarter, from Rs1,447.83 crore in the same period previous fiscal.
For the nine-month ended 31 December, the company has posted a net loss of Rs1,075.32 crore, while it had a net loss of Rs1,054.51 crore in the same quarter last fiscal.
Shares of Kingfisher Airlines were trading at Rs60.95 on the BSE, down 2.56% from its previous close.
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First Published: Thu, Jan 21 2010. 03 47 PM IST