The company reported standalone net loss during the quarter stood at Rs 218.46 crore as compared to net loss of Rs 62.01 crore in the previous year quarter.
Net revenue of the company declined substantially by 81.60 per cent at Rs 331.46 crore in January-March quarter of this fiscal as against Rs 1,801.00 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 74.18 per cent to Rs 457.15 crore from Rs 1,770.27 crore in year ago period.
Other Income grew by 28.36 per cent at Rs 10.32 crore versus (Mar'25 Rs 8.04 crore).
Operating Profit slipped by 195.54 per cent to Rs -125.39 crore as against Rs 131.24 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 618.93 per cent in March quarter.
Interest grew by 0.84 per cent y-o-y to Rs 72.01 crore, while Taxation decreased by 360.05 per cent at Rs -69.46 crore (Mar'25 Rs 26.71 crore).