India, Feb. 2 -- The company reported standalone net loss during the quarter stood at Rs 51.62 crore compared to net profit of Rs 0.50 crore in the previous year quarter.
Net revenue of the company declined moderately by 9.03 per cent at Rs 278.50 crore in October-December quarter of this fiscal as against Rs 306.14 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 8.19 per cent to Rs 288.25 crore from Rs 266.43 crore in year ago period.
Other Income dipped by 48.68 per cent at Rs 1.95 crore versus (Dec'22 Rs 3.80 crore).
Operating Profit slipped by 124.55 per cent to Rs -9.75 crore as against Rs 39.71 crore in the year ago period, while Operating Profit Margin (OPM) contracted...