The company reported standalone net loss during the quarter stood at Rs 745.78 crore as compared to net loss of Rs 598.08 crore in the previous year quarter.

Net revenue of the company declined moderately by 7.58 per cent at Rs 202.35 crore in January-March quarter of this fiscal as against Rs 218.95 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 12.43 per cent to Rs 328.43 crore from Rs 375.05 crore in year ago period.

Other Income dipped by 28.72 per cent at Rs 199.34 crore versus (Mar'22 Rs 279.66 crore).

Operating Profit slipped by 19.23 per cent to Rs -126.08 crore as against Rs -156.10 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 12.60 per cent in March quarter.

Interest grew by 19.12 per cent y-o-y to Rs 640.91 crore