The company reported standalone net loss during the quarter stood at Rs 31.15 crore as compared to net loss of Rs 7.78 crore in the previous year quarter.

Net revenue of the company declined substantially by 54.76 per cent at Rs 1.14 crore in January-March quarter of this fiscal as against Rs 2.52 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 758.50 per cent to Rs 34.34 crore from Rs 4.00 crore in year ago period.

Other Income grew by 0.00 per cent at Rs 0.01 crore versus (Mar'25 Rs 0.01 crore).

Operating Profit surged by 2143.24 per cent to Rs -33.20 crore as against Rs -1.48 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 4862.21 per cent in March quarter.

Interest grew by 29.11 per cent y-o-y to Rs 2.04 crore, while Taxation decreased by 580.46 per cent at Rs -4.18 crore (Mar'25 Rs 0.87 crore).