The company reported standalone net loss during the quarter stood at Rs 148.77 crore as compared to net loss of Rs 36.63 crore in the previous year quarter.
Net revenue of the company rose substantially by 66.93 per cent at Rs 1,118.70 crore in October-December quarter of this fiscal as against Rs 670.18 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 105.58 per cent to Rs 1,054.61 crore from Rs 512.99 crore in year ago period.
Other Income dipped by 3.95 per cent at Rs 38.37 crore versus (Dec'16 Rs 39.95 crore).
Operating Profit slipped by 64.05 per cent to Rs 64.09 crore as against Rs 178.30 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 78.46 per cent in December quarter.
Interest declined by 0.33 per cent y-o-y to Rs 200.22 crore