The company reported standalone net loss during the quarter stood at Rs 67.75 crore as compared to net loss of Rs 206.88 crore in the previous year quarter.
Net revenue of the company declined substantially by 36.40 per cent at Rs 912.91 crore in January-March quarter of this fiscal as against Rs 1,435.43 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 36.28 per cent to Rs 904.77 crore from Rs 1,419.89 crore in year ago period.
Other Income grew by 941.12 per cent at Rs 55.70 crore versus (Mar'24 Rs 5.35 crore).
Operating Profit slipped by 47.62 per cent to Rs 8.14 crore as against Rs 15.54 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 17.59 per cent in March quarter.
Interest declined by 0.05 per cent y-o-y to Rs 152.26 crore