The company reported standalone net loss during the quarter stood at Rs 352.92 crore as compared to net loss of Rs 80.74 crore in the previous year quarter.
Net revenue of the company rose triple digit by 143.78 per cent at Rs 4.90 crore in January-March quarter of this fiscal as against Rs 2.01 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 388.50 per cent to Rs 414.05 crore from Rs 84.76 crore in year ago period.
Other Income grew by 19.47 per cent at Rs 4.54 crore versus (Mar'24 Rs 3.80 crore).
Operating Profit surged by 394.44 per cent to Rs -409.15 crore as against Rs -82.75 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 102.35 per cent in March quarter.
Interest declined by 25.17 per cent y-o-y to Rs 6.75 crore, while Taxation increased by 617.17 per cent at Rs -58.88 crore (Mar'24 Rs -8.21 crore).