The company reported standalone net loss during the quarter stood at Rs 107.00 crore as compared to net loss of Rs 74.50 crore in the previous year quarter.
Net revenue of the company declined by 0.14 per cent at Rs 1,636.00 crore in January-March quarter of this fiscal as against Rs 1,638.34 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 2.83 per cent to Rs 1,516.00 crore from Rs 1,474.26 crore in year ago period.
Other Income dipped by 52.28 per cent at Rs 14.00 crore versus (Mar'17 Rs 29.34 crore).
Operating Profit slipped by 26.86 per cent to Rs 120.00 crore as against Rs 164.08 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 26.85 per cent in March quarter.
Interest declined by 39.02 per cent y-o-y to Rs 50.00 crore, while Taxation increased by 24.59 per cent at Rs 19.00 crore (Mar'17 Rs 15.25 crore).