<p>Shares of Jet Airways on Thursday dipped 5 per cent to its lowest trading permissible limit for the day after the company reported a loss of Rs 153.35 crore for the June quarter of the last financial year.</p>.<p>The stock declined 5 per cent to Rs 126.45 -- its lowest trading permissible limit for the day -- on both the BSE and the NSE.</p>.<p>Grounded carrier Jet Airways on Wednesday reported a loss of Rs 153.35 crore for the June quarter of the last financial year.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/business-news/jet-airways-seven-member-monitoring-panel-to-manage-airline-under-resolution-plan-1001897.html" target="_blank">Jet Airways: Seven-member monitoring panel to manage airline under resolution plan</a></strong></p>.<p>In the year-ago period, the loss stood at Rs 1,514.20 crore, according to a regulatory filing.</p>.<p>The total income of the airline, which has not flown since April 17, 2019, stood at Rs 10.96 crore in the June quarter of the last fiscal.</p>.<p>For the fiscal 2019-20, Jet Airways posted a loss Rs 2,841.45 crore on a total income of Rs 354.20 crore.</p>.<p>Meanwhile, as per the detailed order published by the National Company Law Tribunal (NCLT) on Wednesday, the Jalan Kalrock Consortium, the winning bidder for the grounded Jet Airways, will make a total cash infusion of Rs 1,375 crore in the airline and lenders will take a steep haircut on their admitted claims of over Rs 7,800 crore under the approved resolution plan.</p>.<p>The NCLT on June 22, approved the consortium's resolution plan for Jet Airways, which has been undergoing insolvency resolution process since June 2019. The carrier shuttered operations in April 2019.</p>
<p>Shares of Jet Airways on Thursday dipped 5 per cent to its lowest trading permissible limit for the day after the company reported a loss of Rs 153.35 crore for the June quarter of the last financial year.</p>.<p>The stock declined 5 per cent to Rs 126.45 -- its lowest trading permissible limit for the day -- on both the BSE and the NSE.</p>.<p>Grounded carrier Jet Airways on Wednesday reported a loss of Rs 153.35 crore for the June quarter of the last financial year.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/business-news/jet-airways-seven-member-monitoring-panel-to-manage-airline-under-resolution-plan-1001897.html" target="_blank">Jet Airways: Seven-member monitoring panel to manage airline under resolution plan</a></strong></p>.<p>In the year-ago period, the loss stood at Rs 1,514.20 crore, according to a regulatory filing.</p>.<p>The total income of the airline, which has not flown since April 17, 2019, stood at Rs 10.96 crore in the June quarter of the last fiscal.</p>.<p>For the fiscal 2019-20, Jet Airways posted a loss Rs 2,841.45 crore on a total income of Rs 354.20 crore.</p>.<p>Meanwhile, as per the detailed order published by the National Company Law Tribunal (NCLT) on Wednesday, the Jalan Kalrock Consortium, the winning bidder for the grounded Jet Airways, will make a total cash infusion of Rs 1,375 crore in the airline and lenders will take a steep haircut on their admitted claims of over Rs 7,800 crore under the approved resolution plan.</p>.<p>The NCLT on June 22, approved the consortium's resolution plan for Jet Airways, which has been undergoing insolvency resolution process since June 2019. The carrier shuttered operations in April 2019.</p>