The company reported standalone net loss during the quarter stood at Rs 1186.66 crore compared to net profit of Rs 574.50 crore in the previous year quarter.ÿ
Net revenue of the company rose substantially by 26.78 per cent at Rs 5,118.45 crore in July-September quarter of this fiscal as against Rs 4,037.27 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 24.47 per cent to Rs 4,047.94 crore from Rs 3,252.11 crore in year ago period.
Other Income grew by 4.84 per cent at Rs 281.80 crore versus (Sep'17 Rs 268.78 crore).
Operating Profit surged by 36.34 per cent to Rs 1,070.51 crore as against Rs 785.16 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 7.51 per cent in September quarter.
Interest grew by 22.05 per cent y-o-y to Rs 52.15 crore, while Taxation decreased by 92.59 per cent at Rs 16.03 crore (Sep'17 Rs 216.39 crore).