The company reported standalone net loss during the quarter stood at Rs 24.98 crore as compared to net loss of Rs 28.36 crore in the previous year quarter.

Net revenue of the company declined moderately by 8.23 per cent at Rs 173.20 crore in July-September quarter of this fiscal as against Rs 188.73 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 7.28 per cent to Rs 171.79 crore from Rs 185.27 crore in year ago period.

Other Income grew by 11.83 per cent at Rs 4.35 crore versus (Sep'24 Rs 3.89 crore).

Operating Profit slipped by 78.21 per cent to Rs 1.41 crore as against Rs 6.47 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 76.38 per cent in September quarter.

Interest declined by 8.68 per cent y-o-y to Rs 19.57 crore, while Taxation decreased by 86.87 per cent at Rs -0.39 crore (Sep'24 Rs -2.97 crore).