The company reported standalone net loss during the quarter stood at Rs 19.66 crore compared to net profit of Rs 26.92 crore in the previous year quarter.ÿ
Net revenue of the company declined substantially by 31.49 per cent at Rs 710.55 crore in October-December quarter of this fiscal as against Rs 1,037.12 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 28.67 per cent to Rs 693.35 crore from Rs 972.09 crore in year ago period.
Other Income dipped by 71.33 per cent at Rs 0.82 crore versus (Dec'24 Rs 2.86 crore).
Operating Profit slipped by 73.55 per cent to Rs 17.20 crore as against Rs 65.03 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 61.40 per cent in December quarter.
Interest grew by 47.84 per cent y-o-y to Rs 38.97 crore, while Taxation decreased by 172.22 per cent at Rs -6.29 crore (Dec'24 Rs 8.71 crore).