The company reported standalone net loss during the quarter stood at Rs 8101.41 crore compared to net profit of Rs 293.64 crore in the previous year quarter.ÿ
Net revenue of the company declined substantially by 27.78 per cent at Rs 1,357.66 crore in January-March quarter of this fiscal as against Rs 1,879.93 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 542.69 per cent to Rs 3,255.17 crore from Rs 506.49 crore in year ago period.
Other Income dipped by 85.48 per cent at Rs 3.66 crore versus (Mar'25 Rs 25.21 crore).
Operating Profit slipped by 238.16 per cent to Rs -1,897.51 crore as against Rs 1,373.44 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 291.29 per cent in March quarter.
Interest grew by 72.87 per cent y-o-y to Rs 1,678.56 crore, while Taxation decreased by 1895.38 per cent at Rs -1,995.21 crore (Mar'25 Rs 111.13 crore).