DSIJ Mindshare

Airline stock under Rs 50 jumps after receiving the first two of 17 overhauled engines from StandardAero

The company is taking significant steps to strengthen its fleet, having received the first two of 17 overhauled engines from global MRO provider StandardAero

DSIJ Intelligence-1 0 168 Article rating: 5.0

In addition to these new arrivals, the airline successfully returned another Boeing 737 NG aircraft to service last month, demonstrating its methodical approach to restoring operational capacity.

Stock Under Rs 50: Company Reports Surprising Profit Turnaround Despite Revenue Decline

A major highlight was net profit, which turned positive at Rs 25 crore, marking a 108 per cent improvement YoY from a loss of Rs 301 crore in Q3 FY23.

DSIJ Intelligence 0 234 Article rating: 5.0

The company’s sales dropped 35 per cent YoY to Rs 1,237.0 crore, compared to Rs 1,914.4 crore in Q3 FY23.

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