The company reported standalone net loss during the quarter stood at Rs 3.37 crore as compared to net loss of Rs 4.06 crore in the previous year quarter.
Net revenue of the company declined substantially by 25.80 per cent at Rs 9.49 crore in July-September quarter of this fiscal as against Rs 12.79 crore in the corresponding period last year.
During July-September quarter, operating expenses dropped by 18.38 per cent to Rs 10.70 crore from Rs 13.11 crore in year ago period.
Other Income grew by 44.44 per cent at Rs 1.56 crore versus (Sep'23 Rs 1.08 crore).
Operating Profit surged by 278.13 per cent to Rs -1.21 crore as against Rs -0.32 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 412.90 per cent in September quarter.
Interest declined by 60.00 per cent y-o-y to Rs 0.46 crore, while Taxation decreased by 61.36 per cent at Rs 0.17 crore (Sep'23 Rs 0.44 crore).