The company reported standalone net loss during the quarter stood at Rs 0.28 crore compared to net profit of Rs 11.42 crore in the previous year quarter.ÿ

Net revenue of the company declined substantially by 59.96 per cent at Rs 42.33 crore in July-September quarter of this fiscal as against Rs 105.71 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 53.68 per cent to Rs 42.82 crore from Rs 92.44 crore in year ago period.

Other Income grew by 36.63 per cent at Rs 1.38 crore versus (Sep'24 Rs 1.01 crore).

Operating Profit slipped by 103.69 per cent to Rs -0.49 crore as against Rs 13.27 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 109.16 per cent in September quarter.

Interest declined by 25.00 per cent y-o-y to Rs 0.03 crore, while Taxation decreased by 61.85 per cent at Rs 1.03 crore (Sep'24 Rs 2.70 crore).