The company reported standalone net loss during the quarter stood at Rs 35.50 crore compared to net profit of Rs 88.05 crore in the previous year quarter.ÿ
Net revenue of the company declined moderately by 16.41 per cent at Rs 903.79 crore in October-December quarter of this fiscal as against Rs 1,081.23 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 3.99 per cent to Rs 934.44 crore from Rs 973.24 crore in year ago period.
Other Income dipped by 86.08 per cent at Rs 0.38 crore versus (Dec'24 Rs 2.73 crore).
Operating Profit slipped by 128.38 per cent to Rs -30.65 crore as against Rs 107.99 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 133.93 per cent in December quarter.
Interest declined by 59.05 per cent y-o-y to Rs 4.91 crore, while Taxation increased by 0.00 per cent at Rs -10.79 crore (Dec'24 Rs 0.00 crore).