India, May 23 -- The company reported standalone net loss during the quarter stood at Rs 35.28 crore compared to net profit of Rs 26.84 crore in the previous year quarter.

Net revenue of the company declined moderately by 9.36 per cent at Rs 456.12 crore in January-March quarter of this fiscal as against Rs 503.22 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 3.57 per cent to Rs 466.65 crore from Rs 450.56 crore in year ago period.

Other Income dipped by 15.81 per cent at Rs 6.87 crore versus (Mar'18 Rs 8.16 crore).

Operating Profit slipped by 119.99 per cent to Rs -10.53 crore as against Rs 52.67 crore in the year ago period, while Operating Profit Margin (OPM) contracted yea...