The company reported standalone net loss during the quarter stood at Rs 39.47 crore compared to net profit of Rs 9.34 crore in the previous year quarter.ÿ

Net revenue of the company declined substantially by 20.73 per cent at Rs 55.40 crore in July-September quarter of this fiscal as against Rs 69.89 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 77.98 per cent to Rs 78.31 crore from Rs 44.00 crore in year ago period.

Other Income dipped by 86.02 per cent at Rs 0.65 crore versus (Sep'24 Rs 4.65 crore).

Operating Profit slipped by 188.52 per cent to Rs -22.91 crore as against Rs 25.88 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 211.64 per cent in September quarter.

Interest declined by 1.18 per cent y-o-y to Rs 8.41 crore, while Taxation decreased by 133.74 per cent at Rs -3.30 crore (Sep'24 Rs 9.78 crore).