The company reported standalone net loss during the quarter stood at Rs 42.23 crore compared to net profit of Rs 1.23 crore in the previous year quarter.ÿ

Net revenue of the company declined substantially by 70.71 per cent at Rs 15.10 crore in October-December quarter of this fiscal as against Rs 51.55 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 110.30 per cent to Rs 52.07 crore from Rs 24.76 crore in year ago period.

Other Income dipped by 34.26 per cent at Rs 0.71 crore versus (Dec'24 Rs 1.08 crore).

Operating Profit slipped by 238.00 per cent to Rs -36.97 crore as against Rs 26.79 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 571.12 per cent in December quarter.

Interest declined by 42.33 per cent y-o-y to Rs 14.28 crore, while Taxation increased by 5811.76 per cent at Rs -10.05 crore (Dec'24 Rs -0.17 crore).