The company reported standalone net loss during the quarter stood at Rs 21.41 crore as compared to net loss of Rs 10.13 crore in the previous year quarter.

Net revenue of the company declined moderately by 13.91 per cent at Rs 102.47 crore in July-September quarter of this fiscal as against Rs 119.02 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 14.38 per cent to Rs 112.37 crore from Rs 131.25 crore in year ago period.

Other Income dipped by 20.86 per cent at Rs 2.77 crore versus (Sep'24 Rs 3.50 crore).

Operating Profit slipped by 19.05 per cent to Rs -9.90 crore as against Rs -12.23 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 6.03 per cent in September quarter.

Interest grew by 32.75 per cent y-o-y to Rs 6.04 crore, while Taxation increased by 290.49 per cent at Rs 7.41 crore (Sep'24 Rs -3.89 crore).