The company reported standalone net loss during the quarter stood at Rs 25.00 crore as compared to net loss of Rs 103.00 crore in the previous year quarter.
Net revenue of the company declined substantially by 30.19 per cent at Rs 555.00 crore in January-March quarter of this fiscal as against Rs 795.00 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 38.66 per cent to Rs 530.00 crore from Rs 864.00 crore in year ago period.
Other Income dipped by 30.36 per cent at Rs 39.00 crore versus (Mar'24 Rs 56.00 crore).
Operating Profit surged by 136.23 per cent to Rs 25.00 crore as against Rs -69.00 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 151.84 per cent in March quarter.
Interest declined by 40.00 per cent y-o-y to Rs 42.00 crore, while Taxation decreased by 60.71 per cent at Rs -11.00 crore (Mar'24 Rs -28.00 crore).