The company reported standalone net loss during the quarter stood at Rs 3.62 crore compared to net profit of Rs 2.26 crore in the previous year quarter.ÿ

Net revenue of the company declined substantially by 21.20 per cent at Rs 48.16 crore in October-December quarter of this fiscal as against Rs 61.12 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 9.20 per cent to Rs 52.28 crore from Rs 57.58 crore in year ago period.

Other Income grew by 0.00 per cent at Rs 0.07 crore versus (Dec'24 Rs 0.07 crore).

Operating Profit slipped by 216.38 per cent to Rs -4.12 crore as against Rs 3.54 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 247.84 per cent in December quarter.

Interest declined by 30.77 per cent y-o-y to Rs 0.09 crore, while Taxation decreased by 260.53 per cent at Rs -1.22 crore (Dec'24 Rs 0.76 crore).