The company reported standalone net loss during the quarter stood at Rs 63.16 crore as compared to net loss of Rs 2.58 crore in the previous year quarter. Net revenue of the company declined substantially by 71.98 per cent at Rs 17.19 crore in July-September quarter of this fiscal as against Rs 61.35 crore in the corresponding period last year. During July-September quarter, operating expenses increased by 20.38 per cent to Rs 80.11 crore from Rs 66.55 crore in year ago period.
Other Income dipped by 50.55 per cent at Rs 2.26 crore versus (Sep'18 Rs 4.57 crore). Operating Profit surged by 1110.00 per cent to Rs -62.92 crore as against Rs -5.20 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 4216.39 per cent in September quarter. Interest grew by 2400.00 per cent y-o-y to Rs 0.25 crore