The company reported standalone net loss during the quarter stood at Rs 580.50 crore as compared to net loss of Rs 566.30 crore in the previous year quarter.

Net revenue of the company declined by 5.81 per cent at Rs 1,599.30 crore in January-March quarter of this fiscal as against Rs 1,698.00 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 15.28 per cent to Rs 1,680.50 crore from Rs 1,983.50 crore in year ago period.

Other Income grew by 43.52 per cent at Rs 180.40 crore versus (Mar'24 Rs 125.70 crore).

Operating Profit slipped by 71.56 per cent to Rs -81.20 crore as against Rs -285.50 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 69.78 per cent in March quarter.

Interest declined by 18.00 per cent y-o-y to Rs 4.10 crore