India, Feb. 9 -- The company reported standalone net loss during the quarter stood at Rs 80.57 crore as compared to net loss of Rs 79.71 crore in the previous year quarter.

Net revenue of the company declined substantially by 43.33 per cent at Rs 8.45 crore in October-December quarter of this fiscal as against Rs 14.91 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 26.85 per cent to Rs 65.32 crore from Rs 89.29 crore in year ago period.

Operating Profit slipped by 23.54 per cent to Rs -56.87 crore as against Rs -74.38 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 34.91 per cent in December quarter.

Interest grew by 216.97 per cent...