The company reported standalone net loss during the quarter stood at Rs 1.08 crore as compared to net loss of Rs 2.58 crore in the previous year quarter.
Net revenue of the company rose by 5.99 per cent at Rs 40.36 crore in July-September quarter of this fiscal as against Rs 38.08 crore in the corresponding period last year.
During July-September quarter, operating expenses dropped by 0.33 per cent to Rs 39.70 crore from Rs 39.83 crore in year ago period.
Other Income dipped by 1.55 per cent at Rs 1.91 crore versus (Sep'23 Rs 1.94 crore).
Operating Profit surged by 137.71 per cent to Rs 0.66 crore as against Rs -1.75 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 135.59 per cent in September quarter.
Interest grew by 20.00 per cent y-o-y to Rs 2.46 crore, while Taxation decreased by 58.49 per cent at Rs -0.44 crore (Sep'23 Rs -1.06 crore).