The company reported standalone net loss during the quarter stood at Rs 170.42 crore as compared to net loss of Rs 158.23 crore in the previous year quarter.
Net revenue of the company declined moderately by 11.65 per cent at Rs 4.55 crore in October-December quarter of this fiscal as against Rs 5.15 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 7.78 per cent to Rs 191.66 crore from Rs 177.82 crore in year ago period.
Other Income dipped by 91.67 per cent at Rs 0.01 crore versus (Dec'24 Rs 0.12 crore).
Operating Profit surged by 8.35 per cent to Rs -187.10 crore as against Rs -172.68 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 22.47 per cent in December quarter.
Interest declined by 2.27 per cent y-o-y to Rs 9.90 crore, while Taxation increased by 7.99 per cent at Rs -27.04 crore (Dec'24 Rs -25.04 crore).