The company reported standalone net loss during the quarter stood at Rs 59.40 crore as compared to net loss of Rs 129.93 crore in the previous year quarter.
Net revenue of the company rose triple digit by 164.32 per cent at Rs 559.59 crore in October-December quarter of this fiscal as against Rs 211.71 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 49.33 per cent to Rs 543.67 crore from Rs 364.07 crore in year ago period.
Other Income dipped by 23.86 per cent at Rs 18.38 crore versus (Dec'19 Rs 24.14 crore).
Operating Profit surged by 110.45 per cent to Rs 15.92 crore as against Rs -152.36 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 103.95 per cent in December quarter.
Interest declined by 11.54 per cent y-o-y to Rs 81.49 crore