The company reported standalone net loss during the quarter stood at Rs 927.45 crore as compared to net loss of Rs 515.42 crore in the previous year quarter.
Net revenue of the company rose substantially by 49.62 per cent at Rs 2,399.63 crore in January-March quarter of this fiscal as against Rs 1,603.86 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 49.30 per cent to Rs 3,459.94 crore from Rs 2,317.39 crore in year ago period.
Other Income grew by 1.23 per cent at Rs 160.60 crore versus (Mar'24 Rs 158.65 crore).
Operating Profit surged by 95.54 per cent to Rs -1,060.31 crore as against Rs -542.24 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 30.70 per cent in March quarter.
Interest declined by 30.56 per cent y-o-y to Rs 3.75 crore