The company reported standalone net loss during the quarter stood at Rs 328.42 crore compared to net profit of Rs 132.97 crore in the previous year quarter.ÿ

Net revenue of the company declined substantially by 24.25 per cent at Rs 128.78 crore in January-March quarter of this fiscal as against Rs 170.01 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 10010.31 per cent to Rs 421.60 crore from Rs 4.17 crore in year ago period.

Other Income grew by 89.61 per cent at Rs 181.65 crore versus (Mar'24 Rs 95.80 crore).

Operating Profit slipped by 276.57 per cent to Rs -292.82 crore as against Rs 165.84 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 333.09 per cent in March quarter.

Interest grew by 69.40 per cent y-o-y to Rs 212.84 crore