The company reported standalone net loss during the quarter stood at Rs 5.78 crore as compared to net loss of Rs 0.21 crore in the previous year quarter.
Net revenue of the company declined substantially by 65.94 per cent at Rs 7.92 crore in July-September quarter of this fiscal as against Rs 23.25 crore in the corresponding period last year.
During July-September quarter, operating expenses dropped by 37.17 per cent to Rs 14.91 crore from Rs 23.73 crore in year ago period.
Other Income grew by 80.85 per cent at Rs 1.70 crore versus (Sep'23 Rs 0.94 crore).
Operating Profit surged by 1356.25 per cent to Rs -6.99 crore as against Rs -0.48 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 4147.60 per cent in September quarter.
Interest declined by 77.78 per cent y-o-y to Rs 0.04 crore