The company reported standalone net loss during the quarter stood at Rs 10.83 crore compared to net profit of Rs 37.51 crore in the previous year quarter.ÿ

Net revenue of the company declined substantially by 55.56 per cent at Rs 256.95 crore in January-March quarter of this fiscal as against Rs 578.21 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 51.34 per cent to Rs 255.80 crore from Rs 525.72 crore in year ago period.

Other Income dipped by 47.69 per cent at Rs 8.61 crore versus (Mar'25 Rs 16.46 crore).

Operating Profit slipped by 97.81 per cent to Rs 1.15 crore as against Rs 52.49 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 95.04 per cent in March quarter.

Interest grew by 32.27 per cent y-o-y to Rs 20.66 crore, while Taxation decreased by 260.19 per cent at Rs -12.03 crore (Mar'25 Rs 7.51 crore).