The company reported standalone net loss during the quarter stood at Rs 8.85 crore as compared to net loss of Rs 5.61 crore in the previous year quarter.
Net revenue of the company declined moderately by 18.43 per cent at Rs 99.38 crore in July-September quarter of this fiscal as against Rs 121.84 crore in the corresponding period last year.
During July-September quarter, operating expenses dropped by 18.09 per cent to Rs 100.72 crore from Rs 122.96 crore in year ago period.
Other Income grew by 4.17 per cent at Rs 1.00 crore versus (Sep'23 Rs 0.96 crore).
Operating Profit surged by 19.64 per cent to Rs -1.34 crore as against Rs -1.12 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 46.74 per cent in September quarter.
Interest grew by 7.49 per cent y-o-y to Rs 3.73 crore