The company reported standalone net loss during the quarter stood at Rs 8.43 crore as compared to net loss of Rs 4.80 crore in the previous year quarter.

Net revenue of the company declined marginally by 4.84 per cent at Rs 19.66 crore in July-September quarter of this fiscal as against Rs 20.66 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 8.21 per cent to Rs 22.80 crore from Rs 24.84 crore in year ago period.

Other Income grew by 221.79 per cent at Rs 7.53 crore versus (Sep'22 Rs 2.34 crore).

Operating Profit slipped by 24.88 per cent to Rs -3.14 crore as against Rs -4.18 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 21.00 per cent in September quarter.

Interest declined by 31.61 per cent y-o-y to Rs 1.19 crore, while Taxation increased by 0.00 per cent at Rs 0.09 crore (Sep'22 Rs 0.00 crore).