India, Nov. 13 -- The company reported standalone net profit during the quarter stood at Rs 55.48 crore compared to net loss of Rs 747.65 crore in the previous year quarter.
Net revenue of the company declined substantially by 82.18 per cent at Rs 84.42 crore in July-September quarter of this fiscal as against Rs 473.75 crore in the corresponding period last year.
During July-September quarter, operating expenses dropped by 93.82 per cent to Rs 28.61 crore from Rs 463.08 crore in year ago period.
Operating Profit surged by 423.06 per cent to Rs 55.81 crore as against Rs 10.67 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 2838.22 per cent in September quarter.
Taxation decreased by 88.93 per c...