The company reported standalone net loss during the quarter stood at Rs 27.87 crore as compared to net loss of Rs 7.98 crore in the previous year quarter.

Net revenue of the company declined substantially by 52.90 per cent at Rs 64.61 crore in July-September quarter of this fiscal as against Rs 137.18 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 43.63 per cent to Rs 78.97 crore from Rs 140.10 crore in year ago period.

Other Income dipped by 10.14 per cent at Rs 3.90 crore versus (Sep'24 Rs 4.34 crore).

Operating Profit surged by 391.78 per cent to Rs -14.36 crore as against Rs -2.92 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 943.66 per cent in September quarter.

Interest grew by 76.54 per cent y-o-y to Rs 12.34 crore