The company reported standalone net loss during the quarter stood at Rs 254.02 crore as compared to net loss of Rs 1323.44 crore in the previous year quarter.
Net revenue of the company declined substantially by 30.44 per cent at Rs 110.66 crore in January-March quarter of this fiscal as against Rs 159.09 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 14.25 per cent to Rs 139.90 crore from Rs 163.15 crore in year ago period.
Other Income grew by 15.51 per cent at Rs 47.88 crore versus (Mar'24 Rs 41.45 crore).
Operating Profit surged by 620.20 per cent to Rs -29.24 crore as against Rs -4.06 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 936.08 per cent in March quarter.
Interest declined by 3.75 per cent y-o-y to Rs 64.16 crore