The company reported standalone net loss during the quarter stood at Rs 75.66 crore as compared to net loss of Rs 29.33 crore in the previous year quarter.
Net revenue of the company declined marginally by 3.87 per cent at Rs 1,197.13 crore in January-March quarter of this fiscal as against Rs 1,245.38 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 0.16 per cent to Rs 1,196.63 crore from Rs 1,198.52 crore in year ago period.
Other Income dipped by 4.62 per cent at Rs 23.53 crore versus (Mar'24 Rs 24.67 crore).
Operating Profit slipped by 98.93 per cent to Rs 0.50 crore as against Rs 46.86 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 98.94 per cent in March quarter.
Interest declined by 25.31 per cent y-o-y to Rs 47.60 crore, while Taxation increased by 611.45 per cent at Rs -25.47 crore (Mar'24 Rs -3.58 crore).