Mumbai, Feb. 17 -- Revenue from operations fell 22.7% year on year (YoY) to Rs 162 crore in the quarter ended 31 December 2024.

The company reported a pre-tax loss of Rs 17.48 crore in Q3 FY25, compared to a profit before tax of Rs 10.76 crore reported in Q3 FY24.

Total expenses decreased 11.4% YoY to Rs 178.59 crore in the December 2024 quarter. Cost material consumed stood at Rs 68.20 crore (down 29.79% YoY), employee benefit expenses were at Rs 41.65 crore (up 21% YoY) during the period under review.

The company reported an 81.1% decline in EBITDA to Rs 5.7 crore in Q3 FY25, down from Rs 29.9 crore recorded in Q3 FY24. The EBITDA margin reduced to 3.5% compared to 14.3% posted in the previous corresponding quarter.

On segmental fro...