The company reported standalone net loss during the quarter stood at Rs 4.93 crore compared to net profit of Rs 9.40 crore in the previous year quarter.ÿ

Net revenue of the company declined substantially by 50.80 per cent at Rs 62.59 crore in July-September quarter of this fiscal as against Rs 127.22 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 40.13 per cent to Rs 65.15 crore from Rs 108.82 crore in year ago period.

Other Income grew by 126.32 per cent at Rs 1.29 crore versus (Sep'24 Rs 0.57 crore).

Operating Profit slipped by 113.91 per cent to Rs -2.56 crore as against Rs 18.40 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 128.28 per cent in September quarter.

Interest declined by 12.02 per cent y-o-y to Rs 1.83 crore, while Taxation decreased by 175.00 per cent at Rs -2.43 crore (Sep'24 Rs 3.24 crore).