The company reported standalone net loss during the quarter stood at Rs 49.19 crore as compared to net loss of Rs 169.44 crore in the previous year quarter.

Net revenue of the company declined substantially by 34.08 per cent at Rs 84.31 crore in January-March quarter of this fiscal as against Rs 127.89 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 9.92 per cent to Rs 225.39 crore from Rs 250.21 crore in year ago period.

Other Income grew by 2667.53 per cent at Rs 21.31 crore versus (Mar'25 Rs 0.77 crore).

Operating Profit surged by 15.34 per cent to Rs -141.08 crore as against Rs -122.32 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 74.96 per cent in March quarter.

Interest declined by 89.83 per cent y-o-y to Rs 6.63 crore, while Taxation increased by 684.57 per cent at Rs -236.47 crore (Mar'25 Rs -30.14 crore).