The company reported standalone net loss during the quarter stood at Rs 9.92 crore compared to net profit of Rs 70.00 crore in the previous year quarter.ÿ
Net revenue of the company declined substantially by 21.89 per cent at Rs 324.02 crore in October-December quarter of this fiscal as against Rs 414.81 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 11.88 per cent to Rs 351.50 crore from Rs 398.91 crore in year ago period.
Other Income dipped by 31.46 per cent at Rs 26.60 crore versus (Dec'24 Rs 38.81 crore).
Operating Profit slipped by 272.83 per cent to Rs -27.48 crore as against Rs 15.90 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 321.41 per cent in December quarter.
Interest declined by 20.61 per cent y-o-y to Rs 2.62 crore, while Taxation decreased by 111.70 per cent at Rs -2.79 crore (Dec'24 Rs 23.85 crore).