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The Board of Directors has approved the standalone and consolidated financial results for the quarter and half-year ended September 30, 2024. Key highlights include a consolidated revenue of ₹1,553.01 crore and a loss after tax of ₹1,583.09 crore, marking a deteriorating financial position primarily due to significant losses from operational inefficiencies and compliance issues. The company raised concerns about prior violations of the Foreign Exchange Management Act (FEMA) regarding fund deployment from Foreign Currency Convertible Bonds (FCCBs). Management remains optimistic about addressing these challenges and recovering losses over time.