Mumbai, Feb. 15 -- However, revenue from operations grew by 43.92% to Rs 209.60 crore in Q3 FY25 from Rs 373.75 crore recorded in Q3 FY24.

The company reported a pre-tax loss of Rs 251.83 crore in Q3 FY25 as against a per-tax loss of Rs 22.75 crore in Q3 FY24.

Total expense jumped 14.4% year on year to Rs 465.33 crore during the quarter. The cost of materials consumed was at Rs 8.99 crore (down 70.09% YoY), while employee benefits expenses stood at Rs 46.50 crore (down 14.84% YoY) during the period under review.

Meanwhile, the company stated that its board has approved the resignation of independent directors Sivanandhan Dhanushkodi and Jhuma Guha, along with Managing Director Shailesh Shetty, due to personal reasons.

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