The company reported standalone net loss during the quarter stood at Rs 17.78 crore as compared to net loss of Rs 2.19 crore in the previous year quarter.

Net revenue of the company rose moderately by 17.69 per cent at Rs 183.72 crore in October-December quarter of this fiscal as against Rs 156.11 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 19.66 per cent to Rs 175.18 crore from Rs 146.40 crore in year ago period.

Other Income dipped by 0.83 per cent at Rs 3.57 crore versus (Dec'24 Rs 3.60 crore).

Operating Profit slipped by 12.05 per cent to Rs 8.54 crore as against Rs 9.71 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 25.24 per cent in December quarter.

Interest grew by 43.17 per cent y-o-y to Rs 7.96 crore, while Taxation increased by 26.32 per cent at Rs -1.44 crore (Dec'24 Rs -1.14 crore).