Jet Freight Logistics announced its standalone and consolidated financial results for the half year ended on September 30, 2019 marking rise in profit despite lower revenues.

Company : Kapston Facilities Management Limited

Jet Freight Logistics declared its financial results for the half year ended September, 2019 showing a jump by Rs.22 lacs in net profit as compared to a year ago period.

The highlights of standalone financial results are as under:

- The revenue was Rs.156.78 crore as compared to Rs.168.48 crore in corresponding period of previous year.

- Earning per share for the current half year was Rs.1.82 as against Rs.2.42 in previous year same period.

For the financial year ended 31.3.2019, total revenue was Rs.337.87 crore and PAT was Rs.4.30 crore.

Following are the consolidated HY1 financial figures of FY2019-20 at Jet Freight Logistics:

- Total revenue earned is Rs.159.42 crores against Rs.170.48 crore in a year ago period.

- Net profit reached Rs.1.98 crore while last year same period it was Rs.3.10 crore

- Earnings per share was Rs.2.23 as compared to Rs.5.34 in a year ago period.The total consolidated earnings at Jet Freight Logistics in the financial year 2018-19 was Rs.343.94 crore and PAT was Rs.8.07 crore.

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