The company reported standalone net loss during the quarter stood at Rs 31.72 crore as compared to net loss of Rs 11.86 crore in the previous year quarter.

Net revenue of the company declined substantially by 26.84 per cent at Rs 268.83 crore in October-December quarter of this fiscal as against Rs 367.43 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 22.55 per cent to Rs 287.54 crore from Rs 371.25 crore in year ago period.

Other Income grew by 31.95 per cent at Rs 4.46 crore versus (Dec'24 Rs 3.38 crore).

Operating Profit surged by 391.08 per cent to Rs -18.71 crore as against Rs -3.81 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 569.23 per cent in December quarter.

Interest declined by 16.50 per cent y-o-y to Rs 4.96 crore, while Taxation increased by 157.10 per cent at Rs -8.87 crore (Dec'24 Rs -3.45 crore).