The company reported standalone net loss during the quarter stood at Rs 78.77 crore as compared to net loss of Rs 18.02 crore in the previous year quarter.
Net revenue of the company declined moderately by 11.59 per cent at Rs 165.16 crore in October-December quarter of this fiscal as against Rs 186.82 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 0.58 per cent to Rs 191.08 crore from Rs 189.98 crore in year ago period.
Other Income grew by 162.26 per cent at Rs 8.34 crore versus (Dec'23 Rs 3.18 crore).
Operating Profit surged by 722.54 per cent to Rs -25.91 crore as against Rs -3.15 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 828.40 per cent in December quarter.
Interest grew by 3.28 per cent y-o-y to Rs 18.26 crore