The company reported standalone net loss during the quarter stood at Rs 42.71 crore compared to net profit of Rs 52.67 crore in the previous year quarter.ÿ

Net revenue of the company declined substantially by 48.61 per cent at Rs 48.56 crore in July-September quarter of this fiscal as against Rs 94.50 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 50.76 per cent to Rs 90.91 crore from Rs 60.30 crore in year ago period.

Other Income dipped by 48.89 per cent at Rs 17.95 crore versus (Sep'24 Rs 35.12 crore).

Operating Profit slipped by 223.87 per cent to Rs -42.35 crore as against Rs 34.19 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 340.95 per cent in September quarter.

Interest declined by 8.54 per cent y-o-y to Rs 0.75 crore, while Taxation decreased by 160.49 per cent at Rs -9.11 crore (Sep'24 Rs 15.06 crore).