The company reported standalone net loss during the quarter stood at Rs 93.80 crore as compared to net loss of Rs 9.25 crore in the previous year quarter.

Net revenue of the company declined substantially by 45.40 per cent at Rs 45.25 crore in October-December quarter of this fiscal as against Rs 82.88 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 39.64 per cent to Rs 49.73 crore from Rs 82.39 crore in year ago period.

Other Income dipped by 94.32 per cent at Rs 0.05 crore versus (Dec'24 Rs 0.88 crore).

Operating Profit slipped by 1014.29 per cent to Rs -4.48 crore as against Rs 0.49 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1777.97 per cent in December quarter.

Interest grew by 3.86 per cent y-o-y to Rs 7.26 crore, while Taxation increased by 151.92 per cent at Rs 0.27 crore (Dec'24 Rs -0.52 crore).