The company reported standalone net loss during the quarter stood at Rs 31.00 crore as compared to net loss of Rs 26.00 crore in the previous year quarter.

Net revenue of the company declined substantially by 29.77 per cent at Rs 592.00 crore in October-December quarter of this fiscal as against Rs 843.00 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 27.84 per cent to Rs 578.00 crore from Rs 801.00 crore in year ago period.

Other Income dipped by 9.09 per cent at Rs 30.00 crore versus (Dec'24 Rs 33.00 crore).

Operating Profit slipped by 66.67 per cent to Rs 14.00 crore as against Rs 42.00 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 52.61 per cent in December quarter.

Interest declined by 35.48 per cent y-o-y to Rs 40.00 crore, while Taxation increased by 100.00 per cent at Rs -16.00 crore (Dec'24 Rs -8.00 crore).