The company reported standalone net loss during the quarter stood at Rs 27.42 crore as compared to net loss of Rs 8.45 crore in the previous year quarter.
Net revenue of the company declined substantially by 39.74 per cent at Rs 300.27 crore in October-December quarter of this fiscal as against Rs 498.26 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 36.14 per cent to Rs 315.29 crore from Rs 493.70 crore in year ago period.
Other Income grew by 36.36 per cent at Rs 7.20 crore versus (Dec'24 Rs 5.28 crore).
Operating Profit slipped by 429.39 per cent to Rs -15.02 crore as against Rs 4.56 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 643.48 per cent in December quarter.
Interest grew by 52.09 per cent y-o-y to Rs 19.68 crore, while Taxation increased by 165.14 per cent at Rs -8.67 crore (Dec'24 Rs -3.27 crore).