The company reported standalone net loss during the quarter stood at Rs 17.47 crore compared to net profit of Rs 1.64 crore in the previous year quarter.ÿ

Net revenue of the company declined substantially by 86.36 per cent at Rs 5.62 crore in October-December quarter of this fiscal as against Rs 41.21 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 60.88 per cent to Rs 9.55 crore from Rs 24.41 crore in year ago period.

Other Income dipped by 72.00 per cent at Rs 0.21 crore versus (Dec'24 Rs 0.75 crore).

Operating Profit slipped by 123.33 per cent to Rs -3.92 crore as against Rs 16.80 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 271.27 per cent in December quarter.

Interest declined by 91.11 per cent y-o-y to Rs 0.16 crore, while Taxation decreased by 12633.33 per cent at Rs -3.76 crore (Dec'24 Rs 0.03 crore).