The company reported standalone net loss during the quarter stood at Rs 176.48 crore as compared to net loss of Rs 197.51 crore in the previous year quarter.
Net revenue of the company declined moderately by 8.69 per cent at Rs 884.52 crore in April-June quarter of this fiscal as against Rs 968.67 crore in the corresponding period last year.
During April-June quarter, operating expenses dropped by 7.42 per cent to Rs 873.37 crore from Rs 943.38 crore in year ago period.
Other Income grew by 15.72 per cent at Rs 6.11 crore versus (Jun'24 Rs 5.28 crore).
Operating Profit slipped by 55.91 per cent to Rs 11.15 crore as against Rs 25.29 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 51.72 per cent in June quarter.
Interest declined by 0.21 per cent y-o-y to Rs 152.31 crore