The company reported standalone net loss during the quarter stood at Rs 2.51 crore compared to net profit of Rs 0.45 crore in the previous year quarter.ÿ

Net revenue of the company declined substantially by 40.46 per cent at Rs 30.20 crore in October-December quarter of this fiscal as against Rs 50.72 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 33.53 per cent to Rs 32.39 crore from Rs 48.73 crore in year ago period.

Other Income grew by 250.00 per cent at Rs 0.14 crore versus (Dec'24 Rs 0.04 crore).

Operating Profit slipped by 209.55 per cent to Rs -2.18 crore as against Rs 1.99 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 284.18 per cent in December quarter.

Interest declined by 17.31 per cent y-o-y to Rs 0.43 crore, while Taxation decreased by 1062.50 per cent at Rs -0.77 crore (Dec'24 Rs 0.08 crore).