Ms Mary Brown Is a Credit Rating Analyst

Ms. Mary Brown is a credit rating analyst. She had prepared a detailed report on one of her client, FlyHigh Airlines Ltd, a company operating chartered aircrafts in India. As she was heading for a meeting with her superior on the matter, coffee spilled over her set of prepared paper(s) . As she was getting late for meeting, instead of preparing entire set she could recollect few numbers from her memory and reconstructed following partial financial table: PAT margins are highest in which of the years?

A) FY12
B) FY11
C) FY10
D) Equal in FY10 and FY12

Correct Answer:

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