The company reported standalone net loss during the quarter stood at Rs 2.83 crore as compared to net loss of Rs 21.54 crore in the previous year quarter.
Net revenue of the company declined moderately by 14.31 per cent at Rs 682.43 crore in July-September quarter of this fiscal as against Rs 796.39 crore in the corresponding period last year.
During July-September quarter, operating expenses dropped by 13.08 per cent to Rs 597.73 crore from Rs 687.67 crore in year ago period.
Other Income grew by 3.68 per cent at Rs 98.21 crore versus (Sep'23 Rs 94.72 crore).
Operating Profit slipped by 22.09 per cent to Rs 84.70 crore as against Rs 108.72 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 9.08 per cent in September quarter.
Interest declined by 24.91 per cent y-o-y to Rs 123.76 crore