The company reported standalone net loss during the quarter stood at Rs 0.61 crore compared to net profit of Rs 3.71 crore in the previous year quarter.ÿ
Net revenue of the company rose substantially by 20.69 per cent at Rs 109.04 crore in July-September quarter of this fiscal as against Rs 90.35 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 28.91 per cent to Rs 106.69 crore from Rs 82.76 crore in year ago period.
Other Income grew by 33.33 per cent at Rs 0.52 crore versus (Sep'23 Rs 0.39 crore).
Operating Profit slipped by 69.00 per cent to Rs 2.35 crore as against Rs 7.58 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 74.26 per cent in September quarter.
Interest grew by 54.42 per cent y-o-y to Rs 2.27 crore, while Taxation decreased by 131.33 per cent at Rs -0.47 crore (Sep'23 Rs 1.50 crore).