The company reported standalone net loss during the quarter stood at Rs 17.25 crore compared to net profit of Rs 130.51 crore in the previous year quarter.ÿ
Net revenue of the company rose substantially by 27.50 per cent at Rs 20.40 crore in July-September quarter of this fiscal as against Rs 16.00 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 3.71 per cent to Rs 13.69 crore from Rs 13.20 crore in year ago period.
Other Income grew by 0.00 per cent at Rs 0.01 crore versus (Sep'23 Rs 0.00 crore).
Operating Profit surged by 138.79 per cent to Rs 6.71 crore as against Rs 2.81 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 87.57 per cent in September quarter.
Interest declined by 19.69 per cent y-o-y to Rs 16.52 crore