The company reported standalone net loss during the quarter stood at Rs 859.05 crore as compared to net loss of Rs 730.64 crore in the previous year quarter.
Net revenue of the company declined substantially by 30.85 per cent at Rs 444.12 crore in July-September quarter of this fiscal as against Rs 642.23 crore in the corresponding period last year.
During July-September quarter, operating expenses dropped by 8.70 per cent to Rs 811.53 crore from Rs 888.82 crore in year ago period.
Other Income grew by 18.98 per cent at Rs 177.13 crore versus (Sep'17 Rs 148.87 crore).
Operating Profit surged by 49.00 per cent to Rs -367.41 crore as against Rs -246.59 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 115.44 per cent in September quarter.
Interest grew by 15.43 per cent y-o-y to Rs 422.72 crore