The company reported standalone net loss during the quarter stood at Rs 122.80 crore as compared to net loss of Rs 134.10 crore in the previous year quarter.
Net revenue of the company declined marginally by 1.82 per cent at Rs 1,176.60 crore in January-March quarter of this fiscal as against Rs 1,198.40 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 3.56 per cent to Rs 892.80 crore from Rs 925.80 crore in year ago period.
Other Income grew by 26.56 per cent at Rs 56.70 crore versus (Mar'24 Rs 44.80 crore).
Operating Profit surged by 4.11 per cent to Rs 283.80 crore as against Rs 272.60 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 6.02 per cent in March quarter.
Interest declined by 2.11 per cent y-o-y to Rs 194.90 crore, while Taxation decreased by 5.82 per cent at Rs -43.70 crore (Mar'24 Rs -46.40 crore).