Naresh Goyal-owned Jet Airways posted on Monday a net profit of Rs 105.8-crore (Rs 1.05 billion) during the third quarter ending December 31, 2009 as against a net loss of Rs 214.8-crore (Rs 2.14 billion) in the corresponding period of the last fiscal, the company said.

The company's net sales, however, declined at Rs 2722.68-crore (Rs 27.22 billion) during Q3 FY 10 as against Rs 2908.87-crore (Rs 29.08 billion) in the same period last year.