The company reported standalone net loss during the quarter stood at Rs 5.71 crore compared to net profit of Rs 0.96 crore in the previous year quarter.ÿ

Net revenue of the company declined moderately by 6.90 per cent at Rs 18.90 crore in July-September quarter of this fiscal as against Rs 20.30 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 26.31 per cent to Rs 20.93 crore from Rs 16.57 crore in year ago period.

Other Income dipped by 23.08 per cent at Rs 0.20 crore versus (Sep'24 Rs 0.26 crore).

Operating Profit slipped by 154.42 per cent to Rs -2.03 crore as against Rs 3.73 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 158.57 per cent in September quarter.

Interest grew by 1.64 per cent y-o-y to Rs 1.24 crore, while Taxation decreased by 162.50 per cent at Rs -0.15 crore (Sep'24 Rs 0.24 crore).