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Kingfisher Airlines on Wednesday said its net loss for the April to June quarter widened as the company continued to incur costs.

Buoyed by the move, shares of the carrier jumped 4.9 per cent to Rs 7.91 -- its highest trading permissible limit for the day on the BSE.

Kingfisher Airlines surged higher in early trade after the company submitted revival plan to DGCA to restart flying operations.

The year 2004-05 started on a positive note in April 2004 with annual growth of 8.9 per cent in the Index of Industrial Production.