The company reported standalone net loss during the quarter stood at Rs 42.85 crore as compared to net loss of Rs 12.26 crore in the previous year quarter.

Net revenue of the company declined moderately by 6.00 per cent at Rs 91.66 crore in January-March quarter of this fiscal as against Rs 97.51 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 0.26 per cent to Rs 141.01 crore from Rs 140.65 crore in year ago period.

Other Income dipped by 80.12 per cent at Rs 7.22 crore versus (Mar'25 Rs 36.31 crore).

Operating Profit surged by 14.51 per cent to Rs -48.29 crore as against Rs -42.17 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 21.83 per cent in March quarter.

Interest declined by 18.83 per cent y-o-y to Rs 6.38 crore, while Taxation increased by 141.22 per cent at Rs -6.73 crore (Mar'25 Rs -2.79 crore).