The company reported standalone net loss during the quarter stood at Rs 0.09 crore compared to net profit of Rs 1.18 crore in the previous year quarter.ÿ

Net revenue of the company rose moderately by 6.27 per cent at Rs 24.56 crore in July-September quarter of this fiscal as against Rs 23.11 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 12.40 per cent to Rs 24.65 crore from Rs 21.93 crore in year ago period.

Operating Profit slipped by 107.63 per cent to Rs -0.09 crore as against Rs 1.18 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 107.42 per cent in September quarter.