The company reported standalone net loss during the quarter stood at Rs 112.07 crore compared to net profit of Rs 151.83 crore in the previous year quarter.ÿ
Net revenue of the company rose moderately by 6.76 per cent at Rs 502.08 crore in July-September quarter of this fiscal as against Rs 470.31 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 16.61 per cent to Rs 485.77 crore from Rs 416.57 crore in year ago period.
Other Income dipped by 178.56 per cent at Rs -141.55 crore versus (Sep'24 Rs 180.17 crore).
Operating Profit slipped by 69.65 per cent to Rs 16.31 crore as against Rs 53.74 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 71.57 per cent in September quarter.
Interest grew by 108.79 per cent y-o-y to Rs 12.11 crore, while Taxation decreased by 139.71 per cent at Rs -28.81 crore (Sep'24 Rs 72.56 crore).