The company reported standalone net loss during the quarter stood at Rs 9.66 crore as compared to net loss of Rs 48.58 crore in the previous year quarter.

Net revenue of the company declined substantially by 42.50 per cent at Rs 106.54 crore in July-September quarter of this fiscal as against Rs 185.28 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 49.04 per cent to Rs 113.20 crore from Rs 222.13 crore in year ago period.

Other Income dipped by 43.85 per cent at Rs 8.67 crore versus (Sep'24 Rs 15.44 crore).

Operating Profit slipped by 81.93 per cent to Rs -6.66 crore as against Rs -36.85 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 68.58 per cent in September quarter.

Interest declined by 25.35 per cent y-o-y to Rs 8.98 crore, while Taxation increased by 274.29 per cent at Rs -3.93 crore (Sep'24 Rs -1.05 crore).