The company reported standalone net loss during the quarter stood at Rs 0.76 crore compared to net profit of Rs 1.33 crore in the previous year quarter.ÿ

Net revenue of the company declined substantially by 39.18 per cent at Rs 1.04 crore in July-September quarter of this fiscal as against Rs 1.71 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 36.46 per cent to Rs 1.31 crore from Rs 0.96 crore in year ago period.

Other Income dipped by 95.35 per cent at Rs 0.04 crore versus (Sep'22 Rs 0.86 crore).

Operating Profit slipped by 136.00 per cent to Rs -0.27 crore as against Rs 0.75 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 159.44 per cent in September quarter.

Interest grew by 140.91 per cent y-o-y to Rs 0.53 crore