The company reported standalone net loss during the quarter stood at Rs 16.64 crore as compared to net loss of Rs 6.66 crore in the previous year quarter.

Net revenue of the company declined substantially by 34.40 per cent at Rs 75.67 crore in January-March quarter of this fiscal as against Rs 115.35 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 29.61 per cent to Rs 85.48 crore from Rs 121.43 crore in year ago period.

Other Income dipped by 49.50 per cent at Rs 4.56 crore versus (Mar'25 Rs 9.03 crore).

Operating Profit surged by 61.35 per cent to Rs -9.81 crore as against Rs -6.08 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 145.92 per cent in March quarter.

Interest declined by 15.13 per cent y-o-y to Rs 6.17 crore