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Jet Airways posted a Rs 222 crore profit in the June quarter, aided by lower fuel expenses and higher exceptional items.

India’s biggest listed airline had posted a net loss of Rs 218 crore in the same quarter of the previous year.

Jet Airways’ income from operations rose to Rs 5220 crore in the quarter ended June 30, against Rs 4,685 crore in the year-ago period. Jet said it carried 6.29 million passengers in Q1, a rise of 21 per cent from the year-ago period.

Commenting on Q1 results, Naresh Goyal, chairman of Jet Airways, said: “All the major key performance indicators have shown progress as we continue to focus on customer satisfaction, network enhancement and improvement through efficiency.”

Shares of Jet Airways surged as much as 9 per cent to Rs 403.85 at its day’s high.