The company reported standalone net loss during the quarter stood at Rs 12.22 crore compared to net profit of Rs 6.38 crore in the previous year quarter.ÿ

Net revenue of the company rose substantially by 79.45 per cent at Rs 31.96 crore in October-December quarter of this fiscal as against Rs 17.81 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 84.98 per cent to Rs 46.32 crore from Rs 25.04 crore in year ago period.

Other Income dipped by 99.90 per cent at Rs 0.02 crore versus (Dec'24 Rs 19.11 crore).

Operating Profit surged by 98.20 per cent to Rs -14.35 crore as against Rs -7.24 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 10.48 per cent in December quarter.

Interest declined by 21.81 per cent y-o-y to Rs 1.90 crore, while Taxation decreased by 289.11 per cent at Rs -4.69 crore (Dec'24 Rs 2.48 crore).