The company reported standalone net loss during the quarter stood at Rs 188.55 crore as compared to net loss of Rs 187.62 crore in the previous year quarter.
Net revenue of the company declined substantially by 23.90 per cent at Rs 315.22 crore in October-December quarter of this fiscal as against Rs 414.21 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 21.56 per cent to Rs 239.30 crore from Rs 305.09 crore in year ago period.
Other Income grew by 87.62 per cent at Rs 73.83 crore versus (Dec'17 Rs 39.35 crore).
Operating Profit slipped by 30.43 per cent to Rs 75.92 crore as against Rs 109.12 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 8.58 per cent in December quarter.
Interest grew by 0.94 per cent y-o-y to Rs 281.21 crore