Kingfisher Airlines, grounded since October 1 last year, on Friday, reported a net loss of Rs.2,141.80 crore for the fourth quarter ended March 31, 2013, against a loss of Rs.1,151.83 crore in the year-ago period.
The carrier reported nil sales for the period under review as against Rs.782.83 crore .
For the entire 2012-13, the net loss is Rs.4,001.12 crore, Kingfisher Airlines said in a filing to the Bombay Stock Exchange. The loss in the previous fiscal was Rs.2,328.01 crore.
Accumulated losses as of March 31, 2013, stood at Rs.16,023.46 crore, and its net worth on that date was a negative Rs.12,919.81 crore, the airline said.
Kingfisher had never made profit since it started operations in 2005. — PTI