The company reported standalone net loss during the quarter stood at Rs 13.32 crore compared to net profit of Rs 25.01 crore in the previous year quarter.ÿ
Net revenue of the company declined substantially by 34.13 per cent at Rs 357.01 crore in July-September quarter of this fiscal as against Rs 541.96 crore in the corresponding period last year.
During July-September quarter, operating expenses dropped by 27.59 per cent to Rs 360.48 crore from Rs 497.84 crore in year ago period.
Other Income grew by 157.99 per cent at Rs 14.86 crore versus (Sep'24 Rs 5.76 crore).
Operating Profit slipped by 107.86 per cent to Rs -3.47 crore as against Rs 44.12 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 111.92 per cent in September quarter.
Interest grew by 144.67 per cent y-o-y to Rs 20.21 crore, while Taxation decreased by 151.72 per cent at Rs -4.20 crore (Sep'24 Rs 8.12 crore).