The company reported standalone net loss during the quarter stood at Rs 1.87 crore as compared to net loss of Rs 0.33 crore in the previous year quarter.

Net revenue of the company declined moderately by 14.90 per cent at Rs 19.48 crore in July-September quarter of this fiscal as against Rs 22.89 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 6.24 per cent to Rs 21.03 crore from Rs 22.43 crore in year ago period.

Other Income grew by 106.25 per cent at Rs 0.99 crore versus (Sep'24 Rs 0.48 crore).

Operating Profit slipped by 436.96 per cent to Rs -1.55 crore as against Rs 0.46 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 499.50 per cent in September quarter.

Interest declined by 18.31 per cent y-o-y to Rs 0.58 crore, while Taxation increased by 283.33 per cent at Rs 0.11 crore (Sep'24 Rs -0.06 crore).