The company reported standalone net loss during the quarter stood at Rs 23.03 crore compared to net profit of Rs 15.31 crore in the previous year quarter.ÿ

Net revenue of the company declined substantially by 29.59 per cent at Rs 82.40 crore in October-December quarter of this fiscal as against Rs 117.03 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 4.05 per cent to Rs 76.73 crore from Rs 73.74 crore in year ago period.

Other Income grew by 39.60 per cent at Rs 2.08 crore versus (Dec'24 Rs 1.49 crore).

Operating Profit slipped by 86.90 per cent to Rs 5.67 crore as against Rs 43.29 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 81.40 per cent in December quarter.

Interest declined by 23.70 per cent y-o-y to Rs 5.89 crore, while Taxation decreased by 142.31 per cent at Rs -0.22 crore (Dec'24 Rs 0.52 crore).