The company reported standalone net loss during the quarter stood at Rs 998.97 crore as compared to net loss of Rs 251.77 crore in the previous year quarter.
Net revenue of the company declined substantially by 25.00 per cent at Rs 30.27 crore in January-March quarter of this fiscal as against Rs 40.36 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 720.75 per cent to Rs 828.79 crore from Rs 100.98 crore in year ago period.
Other Income dipped by 535.15 per cent at Rs -63.88 crore versus (Mar'24 Rs 14.68 crore).
Operating Profit surged by 1217.24 per cent to Rs -798.51 crore as against Rs -60.62 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1656.24 per cent in March quarter.
Interest declined by 34.89 per cent y-o-y to Rs 133.52 crore