The company reported standalone net loss during the quarter stood at Rs 263.02 crore as compared to net loss of Rs 117.64 crore in the previous year quarter.

Net revenue of the company declined substantially by 49.02 per cent at Rs 88.61 crore in April-June quarter of this fiscal as against Rs 173.82 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 8.73 per cent to Rs 190.64 crore from Rs 175.34 crore in year ago period.

Other Income grew by 169.15 per cent at Rs 24.25 crore versus (Jun'24 Rs 9.01 crore).

Operating Profit surged by 6612.50 per cent to Rs -102.03 crore as against Rs -1.52 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 13135.63 per cent in June quarter.

Interest grew by 49.35 per cent y-o-y to Rs 182.45 crore