The company reported standalone net loss during the quarter stood at Rs 14.60 crore compared to net profit of Rs 91.51 crore in the previous year quarter.ÿ
Net revenue of the company declined moderately by 11.79 per cent at Rs 821.96 crore in April-June quarter of this fiscal as against Rs 931.83 crore in the corresponding period last year.
During April-June quarter, operating expenses dropped by 2.39 per cent to Rs 734.44 crore from Rs 752.41 crore in year ago period.
Other Income grew by 15.36 per cent at Rs 108.07 crore versus (Jun'24 Rs 93.68 crore).
Operating Profit slipped by 51.22 per cent to Rs 87.52 crore as against Rs 179.42 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 44.68 per cent in June quarter.
Interest grew by 22.70 per cent y-o-y to Rs 148.17 crore