The company reported standalone net loss during the quarter stood at Rs 950.69 crore compared to net profit of Rs 21.00 crore in the previous year quarter.ÿ

Net revenue of the company declined substantially by 78.98 per cent at Rs 351.12 crore in July-September quarter of this fiscal as against Rs 1,670.66 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 21.70 per cent to Rs 1,216.55 crore from Rs 1,553.62 crore in year ago period.

Other Income dipped by 72.73 per cent at Rs 0.72 crore versus (Sep'17 Rs 2.64 crore).

Operating Profit slipped by 839.37 per cent to Rs -865.43 crore as against Rs 117.05 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 3616.12 per cent in September quarter.

Interest grew by 21.61 per cent y-o-y to Rs 62.19 crore, while Taxation decreased by 179.74 per cent at Rs -10.55 crore (Sep'17 Rs 13.23 crore).