The company reported standalone net loss during the quarter stood at Rs 0.25 crore compared to net profit of Rs 5.00 crore in the previous year quarter.ÿ
Net revenue of the company declined substantially by 78.99 per cent at Rs 33.86 crore in July-September quarter of this fiscal as against Rs 161.17 crore in the corresponding period last year.
During July-September quarter, operating expenses dropped by 78.36 per cent to Rs 33.17 crore from Rs 153.28 crore in year ago period.
Other Income dipped by 92.47 per cent at Rs 0.07 crore versus (Sep'24 Rs 0.93 crore).
Operating Profit slipped by 91.24 per cent to Rs 0.69 crore as against Rs 7.88 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 58.28 per cent in September quarter.
Interest grew by 20.00 per cent y-o-y to Rs 0.42 crore, while Taxation decreased by 104.56 per cent at Rs -0.12 crore (Sep'24 Rs 2.63 crore).