The company reported standalone net loss during the quarter stood at Rs 0.85 crore compared to net profit of Rs 6.36 crore in the previous year quarter.ÿ

Net revenue of the company declined substantially by 92.24 per cent at Rs 11.78 crore in October-December quarter of this fiscal as against Rs 151.82 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 90.97 per cent to Rs 12.78 crore from Rs 141.58 crore in year ago period.

Other Income dipped by 94.23 per cent at Rs 0.03 crore versus (Dec'24 Rs 0.52 crore).

Operating Profit slipped by 109.86 per cent to Rs -1.01 crore as against Rs 10.24 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 226.67 per cent in December quarter.

Interest declined by 93.33 per cent y-o-y to Rs 0.01 crore, while Taxation decreased by 108.75 per cent at Rs -0.30 crore (Dec'24 Rs 3.43 crore).