The company reported standalone net loss during the quarter stood at Rs 454.89 crore as compared to net loss of Rs 212.52 crore in the previous year quarter.

Net revenue of the company rose by 0.04 per cent at Rs 5,486.91 crore in April-June quarter of this fiscal as against Rs 5,484.92 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 6.54 per cent to Rs 6,024.05 crore from Rs 5,654.27 crore in year ago period.

Other Income grew by 68.66 per cent at Rs 185.44 crore versus (Jun'24 Rs 109.95 crore).

Operating Profit surged by 217.18 per cent to Rs -537.14 crore as against Rs -169.35 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 216.83 per cent in June quarter.

Interest grew by 12.04 per cent y-o-y to Rs 181.21 crore, while Taxation increased by 125.68 per cent at Rs -152.54 crore (Jun'24 Rs -67.59 crore).