Rays Power Infra announced closure of INR 127 Crore Equity Capital Fund Raise - Aequs and Tramontina announce joint venture to manufacture cookware products in India The facilities at the Hubballi Durable Goods Cluster will manufacture products for customers in India and abroad - Trentar Energy Solutions to commercialise KPITs’ breakthrough Sodium Ion Battery Technology - "GULZAR" 8th Solo Show of Paintings will be displayed by renowned artist Virendra Chopde at Kismat Art Gallery in Mumbai - Finkurve Financial Services Limited appoints Mr. CVR. Rajendran as an Strategic Advisor - QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED ANNOUNCED ITS INITIAL PUBLIC OFFERING OPENS (IPO) ON FRIDAY, FEBRUARY 14, 2025 Sets Price band fixed at ₹ 401 to ₹425 per Equity Share of face value of ₹10 each - “Urban Whispers” An Exhibition of Paintings will be displayed by renowned artist Ajit Deswandikar at Jehangir Art Gallery in Mumbai - ARTIVAL FOUNDATION Presents "ART CONTINUUM" An Exhibition of Paintings & Sculptures will displayed at Nehru Centre Art Gallery in Mumbai - Cancer Survivors Meet 2025 Celebrates Strength, Hope, and Resilience at HCG ICS Khubchandani Cancer Centre - Kalyan Jewellers Launches ‘Crafting Futures’ Initiative to Uplift Artisans This initiative is dedicated to improving the livelihoods of jewellery artisans - Hexaware Technologies Limited Announced its Initial public offering (IPO) to open on Wednesday, February 12, 2025 Sets Price Band fixed at ₹ 674 per equity share to ₹ 708 per equity share of the face value of ₹1 each

Jet Freight announces H1 results of FY 21-22, The company has posted a revenue growth 44% YoY (Last Year H1 vs. Current Year H1), Cost optimization measures & operational efficiency increased by PBT by 26%

India, 18th November 2021 (GNI): Jet Freight announced its un-audited financial results for the Half Year ended 30th September 2021.

The standalone revenue stood at INR 220 CR in H1 FY21-22. PBT stood at INR 3 CR in H1 FY21-22. PAT stood at Rs 2 CR in H1 FY21-22. The business has grown by 44% during reported period. With the help of cost optimisation measures & operational efficiency, company could increase PBT by 26% during the same period.

Commenting on the quarterly performance, Mr. Richard Francis Theknath, Chairman and Managing Director at Jet Freight said, “Due to pandemic everyone had a hit on businesses, during that crucial scenario our team had recorded 7581 MT freight between April – Sept20, and we are blissful to see 11455 MT for just Air Freight Business for current Half Year, showing growth of 51% ”, stated in the press release.

About Jet Freight: Established in 1986 with a vision to be the front-runner in the logistic industry, Jet Freight is one of the leading freight forwarders today, offering complete logistics solutions. They offer a wide variety of services to clients, managing over 150 tonnes of air cargo daily with all the leading global airlines. They specialize in perishable, time-sensitive and general cargo, and are also a known name in the market for customs clearance, logistics solutions, shipment of hazardous cargo and ODC consignments. They have a strong presence in key cities in India and cater to over 200 countries in the world.ends

Be the first to comment on "Jet Freight announces H1 results of FY 21-22, The company has posted a revenue growth 44% YoY (Last Year H1 vs. Current Year H1), Cost optimization measures & operational efficiency increased by PBT by 26%"

Leave a comment

Your email address will not be published.


*