The company reported standalone net loss during the quarter stood at Rs 4.86 crore compared to net profit of Rs 24.19 crore in the previous year quarter.ÿ

Net revenue of the company rose moderately by 15.25 per cent at Rs 260.27 crore in January-March quarter of this fiscal as against Rs 225.84 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 18.35 per cent to Rs 266.17 crore from Rs 224.90 crore in year ago period.

Other Income dipped by 15.57 per cent at Rs 183.76 crore versus (Mar'18 Rs 217.65 crore).

Operating Profit slipped by 727.66 per cent to Rs -5.90 crore as against Rs 0.94 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 640.48 per cent in March quarter.

Interest declined by 5.31 per cent y-o-y to Rs 184.06 crore, while Taxation increased by 0.00 per cent at Rs -1.38 crore (Mar'18 Rs 0.00 crore).