The bottomline fell as much as 97% to Rs 58 crore, compared with Rs 1,888 crore in the last-year quarter.
Revenue from operations in the reporting quarter declined 9% year-on-year (YoY) to Rs 22,848 crore.
Following the results, the company’s shares plunged more than 4%, hitting the day’s low of Rs 2,220.35.
The company reported an EBITDA of Rs 3,071 crore, down 5% YoY. The same stood at Rs 3,227 crore in the December quarter of the previous fiscal.
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On a sequential basis, the profit after tax also dropped 97% from Rs 1,742 crore posted in the second quarter of the current fiscal. Revenues, meanwhile, showed a marginal bump (1%) quarter-on-quarter.
