The company reported standalone net loss during the quarter stood at Rs 14.12 crore as compared to net loss of Rs 6.89 crore in the previous year quarter.
Net revenue of the company rose substantially by 61.92 per cent at Rs 36.69 crore in July-September quarter of this fiscal as against Rs 22.66 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 85.66 per cent to Rs 45.43 crore from Rs 24.47 crore in year ago period.
Other Income grew by 33.33 per cent at Rs 0.04 crore versus (Sep'23 Rs 0.03 crore).
Operating Profit surged by 382.87 per cent to Rs -8.74 crore as against Rs -1.81 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 198.12 per cent in September quarter.
Interest grew by 84.73 per cent y-o-y to Rs 6.17 crore, while Taxation increased by 102.04 per cent at Rs -4.95 crore (Sep'23 Rs -2.45 crore).