The company reported standalone net loss during the quarter stood at Rs 2.91 crore compared to net profit of Rs 4.80 crore in the previous year quarter.ÿ

Net revenue of the company rose substantially by 75.84 per cent at Rs 42.29 crore in July-September quarter of this fiscal as against Rs 24.05 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 149.16 per cent to Rs 47.49 crore from Rs 19.06 crore in year ago period.

Operating Profit slipped by 204.21 per cent to Rs -5.20 crore as against Rs 4.99 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 159.18 per cent in September quarter.

Taxation decreased by 1050.00 per cent at Rs -2.28 crore (Sep'24 Rs 0.24 crore).