The company had clocked a net loss of Rs 25.33 crore for the corresponding quarter of 2015-16 fiscal, it said in a BSE filing.
Its income from operations fell to 317.53 crore during the quarter under review as against Rs 752.21 in the corresponding quarter a year-ago.
The company's total expenses, however, declined to Rs 193.35 crore during the third quarter of the current fiscal, from Rs 554.66 crore in the year-ago period.
The shares of the company closed at Rs 9.86 apiece on the BSE, down 4.36 per cent from its previous close.
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