The company reported standalone net loss during the quarter stood at Rs 15.39 crore compared to net profit of Rs 51.22 crore in the previous year quarter.ÿ

Net revenue of the company declined substantially by 22.76 per cent at Rs 356.24 crore in January-March quarter of this fiscal as against Rs 461.24 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 11.01 per cent to Rs 343.75 crore from Rs 386.26 crore in year ago period.

Other Income grew by 267.27 per cent at Rs 22.22 crore versus (Mar'25 Rs 6.05 crore).

Operating Profit slipped by 83.34 per cent to Rs 12.49 crore as against Rs 74.98 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 78.41 per cent in March quarter.

Interest grew by 167.32 per cent y-o-y to Rs 4.09 crore, while Taxation decreased by 2.70 per cent at Rs 4.68 crore (Mar'25 Rs 4.81 crore).