The company reported standalone net loss during the quarter stood at Rs 4.44 crore compared to net profit of Rs 5.64 crore in the previous year quarter.ÿ

Net revenue of the company declined moderately by 14.54 per cent at Rs 20.27 crore in July-September quarter of this fiscal as against Rs 23.72 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 56.24 per cent to Rs 28.78 crore from Rs 18.42 crore in year ago period.

Other Income grew by 12.90 per cent at Rs 3.50 crore versus (Sep'24 Rs 3.10 crore).

Operating Profit slipped by 260.87 per cent to Rs -8.51 crore as against Rs 5.29 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 288.17 per cent in September quarter.

Taxation decreased by 172.11 per cent at Rs -1.37 crore (Sep'24 Rs 1.90 crore).