The company reported standalone net loss during the quarter stood at Rs 44.56 crore as compared to net loss of Rs 1098.86 crore in the previous year quarter.
Net revenue of the company declined substantially by 64.88 per cent at Rs 40.35 crore in January-March quarter of this fiscal as against Rs 114.90 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 95.45 per cent to Rs 31.62 crore from Rs 694.84 crore in year ago period.
Other Income dipped by 2.98 per cent at Rs 13.35 crore versus (Mar'24 Rs 13.76 crore).
Operating Profit surged by 101.51 per cent to Rs 8.74 crore as against Rs -579.94 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 104.29 per cent in March quarter.
Interest declined by 87.61 per cent y-o-y to Rs 65.90 crore