The company reported standalone net loss during the quarter stood at Rs 12.50 crore as compared to net loss of Rs 5.28 crore in the previous year quarter.

Net revenue of the company declined moderately by 10.62 per cent at Rs 353.43 crore in January-March quarter of this fiscal as against Rs 395.42 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 9.41 per cent to Rs 359.84 crore from Rs 397.21 crore in year ago period.

Other Income dipped by 51.61 per cent at Rs 6.45 crore versus (Mar'25 Rs 13.33 crore).

Operating Profit surged by 258.10 per cent to Rs -6.41 crore as against Rs -1.79 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 302.22 per cent in March quarter.

Interest declined by 7.59 per cent y-o-y to Rs 10.59 crore, while Taxation increased by 184.16 per cent at Rs -5.74 crore (Mar'25 Rs -2.02 crore).