Kingfisher Airlines auditors hint at hidden losses in Vijay Mallya's co

Feb 06 2013, 11:15 IST
Comments 0
Kingfisher Airlines, part of liquor baron Vijay Mallya-led UB Group, had last posted a quarterly profit in October-December period of 2006. (Reuters) Kingfisher Airlines, part of liquor baron Vijay Mallya-led UB Group, had last posted a quarterly profit in October-December period of 2006. (Reuters)
SummaryIf Kingfisher followed the norms the losses would be much higher, say auditors

unearned revenue, not being drawn from accounting records, could not be reviewed by us," the review report said.

Single Page Format
Ads by Google
Reader´s Comments
| Post a Comment
Please Wait while comments are loading...