The company reported standalone net loss during the quarter stood at Rs 2.32 crore compared to net profit of Rs 0.25 crore in the previous year quarter.ÿ

Net revenue of the company declined substantially by 34.20 per cent at Rs 40.81 crore in October-December quarter of this fiscal as against Rs 62.02 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 29.65 per cent to Rs 41.99 crore from Rs 59.69 crore in year ago period.

Other Income dipped by 53.33 per cent at Rs 0.07 crore versus (Dec'24 Rs 0.15 crore).

Operating Profit slipped by 150.64 per cent to Rs -1.18 crore as against Rs 2.33 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 176.86 per cent in December quarter.

Interest declined by 9.04 per cent y-o-y to Rs 1.71 crore, while Taxation decreased by 2025.00 per cent at Rs -0.77 crore (Dec'24 Rs 0.04 crore).