India, May 24 -- The company reported standalone net loss during the quarter stood at Rs 44.66 crore as compared to net loss of Rs 22.20 crore in the previous year quarter.

Net revenue of the company declined substantially by 45.26 per cent at Rs 5.37 crore in January-March quarter of this fiscal as against Rs 9.81 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 123.42 per cent to Rs 61.35 crore from Rs 27.46 crore in year ago period.

Other Income dipped by 67.92 per cent at Rs 0.51 crore versus (Mar'18 Rs 1.59 crore).

Operating Profit surged by 217.17 per cent to Rs -55.98 crore as against Rs -17.65 crore in the year ago period, while Operating Profit Margin (OPM) contracted ye...