The company reported standalone net loss during the quarter stood at Rs 1.55 crore as compared to net loss of Rs 2.96 crore in the previous year quarter.

Net revenue of the company declined substantially by 28.03 per cent at Rs 14.15 crore in July-September quarter of this fiscal as against Rs 19.66 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 28.81 per cent to Rs 14.63 crore from Rs 20.55 crore in year ago period.

Other Income grew by 80.00 per cent at Rs 0.27 crore versus (Sep'24 Rs 0.15 crore).

Operating Profit slipped by 46.67 per cent to Rs -0.48 crore as against Rs -0.90 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 25.27 per cent in September quarter.

Interest declined by 32.43 per cent y-o-y to Rs 0.75 crore, while Taxation increased by 0.00 per cent at Rs -0.21 crore (Sep'24 Rs 0.00 crore).