The company reported standalone net loss during the quarter stood at Rs 54.24 crore as compared to net loss of Rs 70.11 crore in the previous year quarter.

Net revenue of the company declined substantially by 46.53 per cent at Rs 543.40 crore in July-September quarter of this fiscal as against Rs 1,016.20 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 46.86 per cent to Rs 544.61 crore from Rs 1,024.78 crore in year ago period.

Other Income grew by 1.02 per cent at Rs 14.82 crore versus (Sep'24 Rs 14.67 crore).

Operating Profit slipped by 85.90 per cent to Rs -1.21 crore as against Rs -8.58 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 73.81 per cent in September quarter.

Interest declined by 13.92 per cent y-o-y to Rs 52.99 crore