The company reported standalone net loss during the quarter stood at Rs 832.56 crore as compared to net loss of Rs 639.01 crore in the previous year quarter.
Net revenue of the company declined moderately by 11.36 per cent at Rs 514.20 crore in October-December quarter of this fiscal as against Rs 580.12 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 2.55 per cent to Rs 844.68 crore from Rs 866.81 crore in year ago period.
Other Income dipped by 34.71 per cent at Rs 177.92 crore versus (Dec'17 Rs 272.52 crore).
Operating Profit surged by 15.27 per cent to Rs -330.48 crore as against Rs -286.69 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 30.05 per cent in December quarter.
Interest grew by 12.35 per cent y-o-y to Rs 434.24 crore