The company reported standalone net loss during the quarter stood at Rs 340.72 crore as compared to net loss of Rs 282.55 crore in the previous year quarter.
Net revenue of the company declined substantially by 32.34 per cent at Rs 10.19 crore in July-September quarter of this fiscal as against Rs 15.06 crore in the corresponding period last year.
During July-September quarter, operating expenses dropped by 25.47 per cent to Rs 14.40 crore from Rs 19.32 crore in year ago period.
Other Income grew by 58.49 per cent at Rs 0.84 crore versus (Sep'23 Rs 0.53 crore).
Operating Profit slipped by 1.64 per cent to Rs -4.20 crore as against Rs -4.27 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 45.52 per cent in September quarter.
Interest grew by 21.78 per cent y-o-y to Rs 336.99 crore