Akasa Air posts Rs 1,670 cr loss in FY24, income jumps to Rs 3,144.38 cr

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Akasa Air posts Rs 1,670 cr loss in FY24, income jumps to Rs 3,144.38 cr - Business Standard

Quick Summary:

Akasa Air saw its loss widen to Rs 1,670.06 crore in the financial year ended March 2024 even as the airline's total income jumped to Rs 3,144.38 crore during the same period.

"The company reported a net loss of Rs 16,700.66 million for FY 2024 against a net loss of Rs 7,444.27 million for the previous year," SNV Aviation Pvt Ltd said in a filing to the corporate affairs ministry.

"On a standalone basis, the company achieved a total income of Rs 31,443.83 million for FY 2024 against previous year's total income of Rs 7,778.48 million.