The company reported standalone net loss during the quarter stood at Rs 81.24 crore as compared to net loss of Rs 2.89 crore in the previous year quarter.
Net revenue of the company declined substantially by 89.24 per cent at Rs 103.89 crore in January-March quarter of this fiscal as against Rs 965.93 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 95.50 per cent to Rs 38.90 crore from Rs 863.85 crore in year ago period.
Other Income grew by 109.02 per cent at Rs 58.86 crore versus (Mar'24 Rs 28.16 crore).
Operating Profit slipped by 72.72 per cent to Rs 65.11 crore as against Rs 238.69 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 153.62 per cent in March quarter.
Interest grew by 106.87 per cent y-o-y to Rs 40.36 crore, while Taxation decreased by 123.45 per cent at Rs -13.61 crore (Mar'24 Rs 58.04 crore).