The company reported standalone net loss during the quarter stood at Rs 900.00 crore compared to net profit of Rs 3045.00 crore in the previous year quarter.ÿ
Net revenue of the company declined marginally by 4.04 per cent at Rs 12,890.00 crore in January-March quarter of this fiscal as against Rs 13,432.00 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 6.69 per cent to Rs 9,626.00 crore from Rs 9,022.00 crore in year ago period.
Other Income grew by 336.84 per cent at Rs 1,245.00 crore versus (Mar'25 Rs 285.00 crore).
Operating Profit slipped by 25.99 per cent to Rs 3,264.00 crore as against Rs 4,410.00 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 22.88 per cent in March quarter.
Interest declined by 29.27 per cent y-o-y to Rs 29.00 crore, while Taxation decreased by 187.98 per cent at Rs -908.00 crore (Mar'25 Rs 1,032.00 crore).