The company reported standalone net loss during the quarter stood at Rs 31.75 crore as compared to net loss of Rs 16.22 crore in the previous year quarter.

Net revenue of the company declined substantially by 62.02 per cent at Rs 1.69 crore in July-September quarter of this fiscal as against Rs 4.45 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 139.39 per cent to Rs 16.47 crore from Rs 6.88 crore in year ago period.

Other Income dipped by 73.75 per cent at Rs 0.21 crore versus (Sep'24 Rs 0.80 crore).

Operating Profit surged by 508.23 per cent to Rs -14.78 crore as against Rs -2.43 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1506.08 per cent in September quarter.

Interest grew by 24.87 per cent y-o-y to Rs 14.76 crore