LiveJet Airways has posted a 44 percent decline in consolidated net profit at Rs 126 crore in the three months to June.
During the year ago period, it had posted a net profit of Rs 226 crore.
It has said in a release that the total revenue has been decreased to Rs 5,406 crore in the first quarter of current financial year from Rs 5,508 crore in the same period of previous year.
It further said that the “Net profit of Q1 FY16 included an exceptional item on account of contribution receivable from lessors.”
