The company reported standalone net loss during the quarter stood at Rs 1.75 crore as compared to net loss of Rs 3.47 crore in the previous year quarter.
Net revenue of the company rose moderately by 10.93 per cent at Rs 25.17 crore in July-September quarter of this fiscal as against Rs 22.69 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 1.17 per cent to Rs 24.28 crore from Rs 24.00 crore in year ago period.
Operating Profit surged by 167.18 per cent to Rs 0.88 crore as against Rs -1.31 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 160.62 per cent in September quarter.
Interest declined by 1.19 per cent y-o-y to Rs 0.83 crore, while Taxation increased by 371.43 per cent at Rs 0.19 crore (Sep'23 Rs -0.07 crore).