The company reported standalone net loss during the quarter stood at Rs 58.71 crore compared to net profit of Rs 22.49 crore in the previous year quarter.ÿ

Net revenue of the company declined substantially by 64.45 per cent at Rs 360.17 crore in April-June quarter of this fiscal as against Rs 1,013.17 crore in the corresponding period last year.

During April-June quarter, operating expenses dropped by 71.91 per cent to Rs 248.60 crore from Rs 884.94 crore in year ago period.

Other Income grew by 16.53 per cent at Rs 39.76 crore versus (Jun'18 Rs 34.12 crore).

Operating Profit slipped by 12.99 per cent to Rs 111.57 crore as against Rs 128.23 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 144.71 per cent in June quarter.

Interest grew by 36.76 per cent y-o-y to Rs 80.51 crore, while Taxation increased by 15546.88 per cent at Rs 50.07 crore (Jun'18 Rs 0.32 crore).