The company reported standalone net loss during the quarter stood at Rs 73.17 crore as compared to net loss of Rs 2402.45 crore in the previous year quarter. Net revenue of the company declined moderately by 11.33 per cent at Rs 546.91 crore in July-September quarter of this fiscal as against Rs 616.79 crore in the corresponding period last year.
During July-September quarter, operating expenses dropped by 17.14 per cent to Rs 342.51 crore from Rs 413.36 crore in year ago period. Other Income dipped by 2.48 per cent at Rs 64.02 crore versus (Sep'18 Rs 65.65 crore).
Operating Profit surged by 0.48 per cent to Rs 204.40 crore as against Rs 203.43 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 13.31 per cent in September quarter. Interest grew by 5.10 per cent y-o-y to Rs 283.88 crore