The company reported standalone net loss during the quarter stood at Rs 3.44 crore compared to net profit of Rs 6.96 crore in the previous year quarter.ÿ

Net revenue of the company declined substantially by 25.25 per cent at Rs 40.39 crore in July-September quarter of this fiscal as against Rs 54.03 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 0.06 per cent to Rs 47.05 crore from Rs 47.08 crore in year ago period.

Operating Profit slipped by 195.97 per cent to Rs -6.66 crore as against Rs 6.94 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 228.25 per cent in September quarter.

Taxation decreased by 16200.00 per cent at Rs -3.22 crore (Sep'24 Rs 0.02 crore).