The company reported standalone net loss during the quarter stood at Rs 285.62 crore compared to net profit of Rs 28.25 crore in the previous year quarter.ÿ
Net revenue of the company declined by 0.21 per cent at Rs 753.60 crore in July-September quarter of this fiscal as against Rs 755.22 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 0.84 per cent to Rs 803.11 crore from Rs 796.44 crore in year ago period.
Other Income grew by 76.26 per cent at Rs 204.58 crore versus (Sep'24 Rs 116.07 crore).
Operating Profit surged by 20.11 per cent to Rs -49.51 crore as against Rs -41.22 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 20.33 per cent in September quarter.
Interest grew by 5.98 per cent y-o-y to Rs 17.20 crore, while Taxation increased by 294.37 per cent at Rs 25.87 crore (Sep'24 Rs -13.31 crore).