JET FREIGHT LOGISTICS LTD Q2 RESULTS
Competition squeezes Jet Airways' net profit by 50%
India's second biggest airline by market share posted a net profit of Rs 103.14 crore for the April-June quarter compared to from Rs 221.70 crore a year earlier.
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$21 billion going up in fumes every year as freight vehicles idle at check posts
According to the estimates, the cost of delay was $6.6 billion per year and the cost of additional fuel consumption due to delay was $14.7 billion.
Snowman Logistics net profit up 28 per cent
Snowman Logistics Friday said its net profit for the July-September was up 28 per cent at Rs.2.94 crore from Rs.2.29 crore over the same period of the previous year.
JICA extends loan of Rs 6,170 crores for Dedicated Freight Corridor Project
Japan International Cooperation Agency (JICA) today said it will provide an assistance of Rs 6,170 crore for the Dedicated Freight Corridor (DFC) Project.
GST can lower cost of logistics industry by 20 per cent: Care Ratings
The much-delayed GST rollout can help boost the GDP by 100-200 bps as this will help faster and cheaper movement of goods across the country.
GST won’t affect profitability in medium to long term: Sanjeev Prasad, Kotak Institutional Equities
Earnings across sectors seem to be bottoming out or have bottomed out over the last 2-3 years.
Jet fuel import by airlines calls for open access policy for petro logistics
It is welcome that a group of ministers has okayed direct imports by airlines of ATF, which is about 50% dearer here than regionally.
Why it makes sense to wait for correction to buy logistics stocks
Logistics stocks will benefit from higher economic growth and improvement in the country’s infrastructure, but valuations have run up already.
Jet Airways reports Q1 net at Rs 126 crore
India's second biggest airline by market share on Friday posted a net profit of Rs 126 crore for the first quarter of FY17, compared to Rs 226 crore a year earlier.
Jet Airways narrows Q2 losses to Rs 166 crore, beats estimates
Jet Airways said fuel costs went up 17% y-o-y and this coupled with a decline in passenger numbers (domestic passengers flying on Jet's network came down by 6.6%) and rupee depreciation negatively impacted results.
Jet Airways posts loss of Rs 100 cr in Q2 of FY 13
Jet Airways, has narrowed its loss for the second quarter as against the corresponding quarter last year.
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