"The company has posted a net loss of Rs 59.51 crore for the quarter ended December 31, 2016 as compared to net loss of Rs 4.23 crore for the quarter ended December 31, 2015," the company said in a BSE filing.
According to the statement, total income decreased from Rs 820.84 crore for the quarter ended December 31, 2015 to Rs 346.99 crore for the quarter ended December 31, 2016.
In a separate filing, it also informed the BSE that Samir Taneja has been appointed as the Chief Financial Officer of the company with effect from February 8, 2017.
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