The company reported standalone net loss during the quarter stood at Rs 2.47 crore as compared to net loss of Rs 2.42 crore in the previous year quarter.
Net revenue of the company declined substantially by 28.42 per cent at Rs 62.10 crore in July-September quarter of this fiscal as against Rs 86.76 crore in the corresponding period last year.
During July-September quarter, operating expenses dropped by 23.97 per cent to Rs 66.42 crore from Rs 87.36 crore in year ago period.
Other Income grew by 534.43 per cent at Rs 3.87 crore versus (Sep'23 Rs 0.61 crore).
Operating Profit surged by 620.00 per cent to Rs -4.32 crore as against Rs -0.60 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 907.25 per cent in September quarter.
Interest declined by 15.79 per cent y-o-y to Rs 0.64 crore, while Taxation decreased by 9.64 per cent at Rs -0.75 crore (Sep'23 Rs -0.83 crore).