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The company reported standalone net loss during the quarter stood at Rs 135.62 crore as compared to net loss of Rs 103.04 crore in the previous year quarter. Net revenue of the company rose moderately by 6.39 per cent at Rs 406.29 crore in April-June quarter of this fiscal as against Rs 381.88 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 12.04 per cent to Rs 406.45 crore from Rs 362.76 crore in year ago period. Other Income grew by 42.14 per cent at Rs 15.92 crore versus (Jun'21 Rs 11.20 crore). Operating Profit slipped by 100.84 per cent to Rs -0.16 crore as against Rs 19.12 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 100.80 per cent in June quarter. Interest grew by 25.11 per cent y-o-y to Rs 199.52 crore, while Taxation increased by 30.63 per cent at Rs -70.76 crore (Jun'21 Rs -54.17 crore)