Vijaya Mallya owned, Kingfisher Airlines has posted Rs11.5 billion loss in the last quarter of year 2011-2012.
This loss is tripled in the fourth quarter from a year earlier. Airlines is hit by high fuel prices, competition on lower fares and disturbed operation.
Kingfisher Stock has lost 5.43% in NSE and closed at 10.45 Rs, near to lowest price of stock in a year.
Photo : AFP PHOTO/Manan VATSYAYANA/FILES