The company reported standalone net loss during the quarter stood at Rs 124.76 crore as compared to net loss of Rs 352.92 crore in the previous year quarter.

Net revenue of the company declined moderately by 13.67 per cent at Rs 4.23 crore in January-March quarter of this fiscal as against Rs 4.90 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 66.64 per cent to Rs 138.13 crore from Rs 414.05 crore in year ago period.

Other Income dipped by 98.68 per cent at Rs 0.06 crore versus (Mar'25 Rs 4.54 crore).

Operating Profit slipped by 67.27 per cent to Rs -133.90 crore as against Rs -409.15 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 62.09 per cent in March quarter.

Interest grew by 45.48 per cent y-o-y to Rs 9.82 crore, while Taxation decreased by 67.12 per cent at Rs -19.36 crore (Mar'25 Rs -58.88 crore).