The company reported standalone net loss during the quarter stood at Rs 10.78 crore as compared to net loss of Rs 14.36 crore in the previous year quarter.

Net revenue of the company declined substantially by 65.36 per cent at Rs 1.24 crore in July-September quarter of this fiscal as against Rs 3.58 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 32.18 per cent to Rs 12.37 crore from Rs 18.24 crore in year ago period.

Other Income grew by 0.00 per cent at Rs 0.50 crore versus (Sep'24 Rs 0.00 crore).

Operating Profit slipped by 24.08 per cent to Rs -11.13 crore as against Rs -14.66 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 119.22 per cent in September quarter.