The company reported standalone net loss during the quarter stood at Rs 16.20 crore as compared to net loss of Rs 9.19 crore in the previous year quarter.
Net revenue of the company declined by 0.20 per cent at Rs 163.77 crore in October-December quarter of this fiscal as against Rs 164.09 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 5.61 per cent to Rs 171.31 crore from Rs 162.21 crore in year ago period.
Other Income dipped by 84.85 per cent at Rs -0.05 crore versus (Dec'23 Rs -0.33 crore).
Operating Profit slipped by 503.21 per cent to Rs -7.54 crore as against Rs 1.87 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 503.51 per cent in December quarter.
Interest declined by 47.52 per cent y-o-y to Rs 3.28 crore