Net loss came in at Rs 539 crore in the quarter ended September 30, compared with a loss of Rs 732 crore in the year-ago period.
Analysts on average had expected the state-run company to post a loss of Rs 273 crore, according to Thomson Reuters data.
Quarterly revenue from operations was up about 8 per cent at Rs 13,600 crore, while total expenses rose 2.7 per cent to Rs 14,100 crore.
© Thomson Reuters 2017
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