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Jet Airways posts record annual profit of Rs 1212 crores

Jet Airways posts record annual profit of Rs 1212 crores

May 27, 2016, at 04:37 pm

Mumbai, May 27 (IBNS) Jet Airways group, which reported its financial results for the quarter and year ending on Mar 31, 2016 on Thursday, declared record annual profit of Rs 1,212 crores for FY16 and said it managed to reduce debt by Rs 1,680 crores mainly through cash generated from operations (after financing expenses).