The company reported standalone net loss during the quarter stood at Rs 0.88 crore as compared to net loss of Rs 1.74 crore in the previous year quarter.
Net revenue of the company declined moderately by 18.76 per cent at Rs 23.38 crore in July-September quarter of this fiscal as against Rs 28.78 crore in the corresponding period last year.
During July-September quarter, operating expenses dropped by 19.58 per cent to Rs 23.04 crore from Rs 28.65 crore in year ago period.
Other Income dipped by 92.59 per cent at Rs 0.02 crore versus (Sep'23 Rs 0.27 crore).
Operating Profit surged by 161.54 per cent to Rs 0.34 crore as against Rs 0.13 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 229.55 per cent in September quarter.
Interest declined by 44.44 per cent y-o-y to Rs 0.55 crore