The company reported standalone net loss during the quarter stood at Rs 6.81 crore compared to net profit of Rs 18.34 crore in the previous year quarter.ÿ

Net revenue of the company declined substantially by 84.54 per cent at Rs 52.56 crore in October-December quarter of this fiscal as against Rs 340.07 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 79.16 per cent to Rs 65.89 crore from Rs 316.22 crore in year ago period.

Other Income grew by 179.33 per cent at Rs 5.81 crore versus (Dec'24 Rs 2.08 crore).

Operating Profit slipped by 155.89 per cent to Rs -13.33 crore as against Rs 23.85 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 461.77 per cent in December quarter.

Interest declined by 46.34 per cent y-o-y to Rs 0.22 crore, while Taxation decreased by 129.56 per cent at Rs -1.83 crore (Dec'24 Rs 6.19 crore).