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: 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% ”