The company reported standalone net loss during the quarter stood at Rs 13.60 crore compared to net profit of Rs 14.25 crore in the previous year quarter.ÿ

Net revenue of the company declined substantially by 35.36 per cent at Rs 60.30 crore in July-September quarter of this fiscal as against Rs 93.29 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 30.04 per cent to Rs 55.89 crore from Rs 79.89 crore in year ago period.

Other Income dipped by 53.32 per cent at Rs 11.17 crore versus (Sep'24 Rs 23.93 crore).

Operating Profit slipped by 67.09 per cent to Rs 4.41 crore as against Rs 13.40 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 49.09 per cent in September quarter.

Interest grew by 32.20 per cent y-o-y to Rs 20.61 crore, while Taxation decreased by 18.05 per cent at Rs -7.22 crore (Sep'24 Rs -8.81 crore).