The company reported standalone net loss during the quarter stood at Rs 372.72 crore as compared to net loss of Rs 326.50 crore in the previous year quarter.

Net revenue of the company declined substantially by 22.35 per cent at Rs 22.16 crore in January-March quarter of this fiscal as against Rs 28.54 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 31.68 per cent to Rs 34.10 crore from Rs 49.91 crore in year ago period.

Other Income grew by 14690.91 per cent at Rs 16.27 crore versus (Mar'24 Rs 0.11 crore).

Operating Profit slipped by 44.13 per cent to Rs -11.94 crore as against Rs -21.37 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 28.00 per cent in March quarter.

Interest grew by 23.51 per cent y-o-y to Rs 374.79 crore