The company reported standalone net loss during the quarter stood at Rs 168.57 crore as compared to net loss of Rs 45.17 crore in the previous year quarter.

Net revenue of the company declined moderately by 9.96 per cent at Rs 1,242.10 crore in April-June quarter of this fiscal as against Rs 1,379.52 crore in the corresponding period last year.

During April-June quarter, operating expenses dropped by 6.13 per cent to Rs 1,266.10 crore from Rs 1,348.83 crore in year ago period.

Other Income dipped by 31.19 per cent at Rs 2.89 crore versus (Jun'24 Rs 4.20 crore).

Operating Profit slipped by 178.20 per cent to Rs -24.00 crore as against Rs 30.69 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 186.94 per cent in June quarter.

Interest declined by 87.31 per cent y-o-y to Rs 3.49 crore, while Taxation increased by 0.00 per cent at Rs 91.56 crore (Jun'24 Rs 0.00 crore).