India, April 23 -- The company reported standalone net loss during the quarter stood at Rs 52.98 crore as compared to net loss of Rs 60.94 crore in the previous year quarter.

Net revenue of the company declined substantially by 21.10 per cent at Rs 81.46 crore in October-December quarter of this fiscal as against Rs 103.24 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 7.30 per cent to Rs 103.26 crore from Rs 111.39 crore in year ago period.

Other Income grew by 63.64 per cent at Rs 1.44 crore versus (Dec'23 Rs 0.88 crore).

Operating Profit surged by 167.48 per cent to Rs -21.80 crore as against Rs -8.15 crore in the year ago period, while Operating Profit Margin (OPM) contrac...