The company reported standalone net loss during the quarter stood at Rs 77.12 crore as compared to net loss of Rs 1.31 crore in the previous year quarter.

Net revenue of the company declined substantially by 99.08 per cent at Rs 16.59 crore in July-September quarter of this fiscal as against Rs 1,793.55 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 98.52 per cent to Rs 26.45 crore from Rs 1,785.55 crore in year ago period.

Other Income dipped by 34.73 per cent at Rs 245.38 crore versus (Sep'18 Rs 375.94 crore).

Operating Profit slipped by 223.25 per cent to Rs -9.86 crore as against Rs 8.00 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 13306.67 per cent in September quarter.

Interest declined by 18.80 per cent y-o-y to Rs 304.98 crore