The company reported standalone net loss during the quarter stood at Rs 0.89 crore as compared to net loss of Rs 1.37 crore in the previous year quarter.

Net revenue of the company declined marginally by 4.15 per cent at Rs 41.76 crore in July-September quarter of this fiscal as against Rs 43.57 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 3.33 per cent to Rs 42.61 crore from Rs 44.08 crore in year ago period.

Other Income dipped by 37.86 per cent at Rs 0.64 crore versus (Sep'24 Rs 1.03 crore).

Operating Profit surged by 66.67 per cent to Rs -0.85 crore as against Rs -0.51 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 74.36 per cent in September quarter.

Interest declined by 10.53 per cent y-o-y to Rs 1.02 crore, while Taxation increased by 445.83 per cent at Rs -1.31 crore (Sep'24 Rs -0.24 crore).