The company reported standalone net loss during the quarter stood at Rs 2.34 crore as compared to net loss of Rs 1.66 crore in the previous year quarter.

Net revenue of the company declined substantially by 45.49 per cent at Rs 4.65 crore in July-September quarter of this fiscal as against Rs 8.53 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 19.07 per cent to Rs 7.85 crore from Rs 9.70 crore in year ago period.

Other Income dipped by 50.80 per cent at Rs 2.14 crore versus (Sep'24 Rs 4.35 crore).

Operating Profit surged by 175.86 per cent to Rs -3.20 crore as against Rs -1.16 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 405.51 per cent in September quarter.

Interest declined by 14.66 per cent y-o-y to Rs 0.99 crore, while Taxation decreased by 130.89 per cent at Rs -0.80 crore (Sep'24 Rs 2.59 crore).