The company had reported a consolidated net loss of the Rs 53.01 crore in the corresponding period of 2015, it said in a BSE filing today.
According to the statement, the company's income from operations declined to Rs 252.08 crore in the third quarter compared to Rs 502.70 crore.
In a seperate filing, it also informed the BSE that its board, at a meeting held today, has approved issuance of 8.09 crore warrants convertible into shares of the company to various strategic investors on preferential basis/Funds/FIIs.
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