The company reported standalone net loss during the quarter stood at Rs 14.15 crore as compared to net loss of Rs 27.84 crore in the previous year quarter.

Net revenue of the company declined substantially by 32.04 per cent at Rs 105.38 crore in October-December quarter of this fiscal as against Rs 155.07 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 38.18 per cent to Rs 107.35 crore from Rs 173.64 crore in year ago period.

Other Income dipped by 43.80 per cent at Rs 2.04 crore versus (Dec'24 Rs 3.63 crore).

Operating Profit slipped by 89.39 per cent to Rs -1.97 crore as against Rs -18.57 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 84.39 per cent in December quarter.

Interest declined by 35.27 per cent y-o-y to Rs 7.56 crore, while Taxation increased by 253.52 per cent at Rs 11.33 crore (Dec'24 Rs -7.38 crore).