The company reported standalone net loss during the quarter stood at Rs 350.33 crore compared to net profit of Rs 69.43 crore in the previous year quarter.ÿ

Net revenue of the company rose substantially by 79.59 per cent at Rs 194.95 crore in July-September quarter of this fiscal as against Rs 108.55 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 54.06 per cent to Rs 4.81 crore from Rs 10.47 crore in year ago period.

Other Income grew by 346.38 per cent at Rs 6.16 crore versus (Sep'23 Rs 1.38 crore).

Operating Profit surged by 93.86 per cent to Rs 190.14 crore as against Rs 98.08 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 7.95 per cent in September quarter.

Interest grew by 156.80 per cent y-o-y to Rs 75.68 crore, while Taxation increased by 126.79 per cent at Rs 1.27 crore (Sep'23 Rs 0.56 crore).