The company reported standalone net loss during the quarter stood at Rs 28681.00 crore compared to net profit of Rs 6707.00 crore in the previous year quarter.  Net revenue of the company declined substantially by 32.63 per cent at Rs 225.00 crore in July-September quarter of this fiscal as against Rs 334.00 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 23.50 per cent to Rs 293.00 crore from Rs 383.00 crore in year ago period. Operating Profit surged by 38.78 per cent to Rs -68.00 crore as against Rs -49.00 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 106.00 per cent in September quarter