The company reported standalone net loss during the quarter stood at Rs 206.88 crore as compared to net loss of Rs 299.96 crore in the previous year quarter.

Net revenue of the company declined marginally by 4.96 per cent at Rs 1,435.43 crore in January-March quarter of this fiscal as against Rs 1,510.29 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 10.32 per cent to Rs 1,419.89 crore from Rs 1,583.26 crore in year ago period.

Other Income grew by 93.84 per cent at Rs 5.35 crore versus (Mar'23 Rs 2.76 crore).

Operating Profit surged by 121.30 per cent to Rs 15.54 crore as against Rs -72.97 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 122.36 per cent in March quarter.

Interest grew by 8.88 per cent y-o-y to Rs 152.33 crore