The company reported standalone net loss during the quarter stood at Rs 19.91 crore as compared to net loss of Rs 2.68 crore in the previous year quarter.
Net revenue of the company declined substantially by 25.12 per cent at Rs 48.77 crore in January-March quarter of this fiscal as against Rs 65.13 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 6.89 per cent to Rs 78.01 crore from Rs 72.98 crore in year ago period.
Other Income dipped by 33.21 per cent at Rs 3.70 crore versus (Mar'25 Rs 5.54 crore).
Operating Profit surged by 272.48 per cent to Rs -29.24 crore as against Rs -7.85 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 397.51 per cent in March quarter.
Interest declined by 50.00 per cent y-o-y to Rs 0.03 crore, while Taxation increased by 193.07 per cent at Rs -9.73 crore (Mar'25 Rs -3.32 crore).