The company reported standalone net loss during the quarter stood at Rs 17.28 crore compared to net profit of Rs 40.75 crore in the previous year quarter.ÿ

Net revenue of the company declined substantially by 43.84 per cent at Rs 81.84 crore in January-March quarter of this fiscal as against Rs 145.72 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 48.00 per cent to Rs 83.44 crore from Rs 160.46 crore in year ago period.

Other Income grew by 802.94 per cent at Rs 3.07 crore versus (Mar'25 Rs 0.34 crore).

Operating Profit slipped by 89.15 per cent to Rs -1.60 crore as against Rs -14.74 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 80.63 per cent in March quarter.

Interest declined by 48.47 per cent y-o-y to Rs 6.74 crore, while Taxation decreased by 10.54 per cent at Rs -11.63 crore (Mar'25 Rs -13.00 crore).