The company reported standalone net loss during the quarter stood at Rs 0.54 crore compared to net profit of Rs 0.01 crore in the previous year quarter.ÿ
Net revenue of the company declined substantially by 25.35 per cent at Rs 13.40 crore in July-September quarter of this fiscal as against Rs 17.95 crore in the corresponding period last year.
During July-September quarter, operating expenses dropped by 19.71 per cent to Rs 13.52 crore from Rs 16.84 crore in year ago period.
Other Income grew by 3300.00 per cent at Rs 0.68 crore versus (Sep'23 Rs 0.02 crore).
Operating Profit slipped by 109.91 per cent to Rs -0.11 crore as against Rs 1.11 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 113.73 per cent in September quarter.
Interest declined by 9.46 per cent y-o-y to Rs 0.67 crore, while Taxation increased by 0.00 per cent at Rs 0.08 crore (Sep'23 Rs 0.00 crore).