The company reported standalone net loss during the quarter stood at Rs 4.33 crore compared to net profit of Rs 0.62 crore in the previous year quarter.ÿ

Net revenue of the company declined substantially by 21.07 per cent at Rs 118.71 crore in October-December quarter of this fiscal as against Rs 150.39 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 15.11 per cent to Rs 123.73 crore from Rs 145.75 crore in year ago period.

Other Income grew by 104.82 per cent at Rs 10.20 crore versus (Dec'23 Rs 4.98 crore).

Operating Profit slipped by 208.19 per cent to Rs -5.02 crore as against Rs 4.64 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 236.89 per cent in December quarter.

Interest grew by 9.54 per cent y-o-y to Rs 7.12 crore