The company reported standalone net loss during the quarter stood at Rs 0.90 crore compared to net profit of Rs 11.28 crore in the previous year quarter.ÿ

Net revenue of the company rose marginally by 2.82 per cent at Rs 30.97 crore in July-September quarter of this fiscal as against Rs 30.12 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 118.83 per cent to Rs 32.30 crore from Rs 14.76 crore in year ago period.

Other Income grew by 0.00 per cent at Rs 0.24 crore versus (Sep'24 Rs 0.00 crore).

Operating Profit slipped by 108.72 per cent to Rs -1.34 crore as against Rs 15.36 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 108.45 per cent in September quarter.

Interest declined by 90.91 per cent y-o-y to Rs 0.02 crore, while Taxation decreased by 107.92 per cent at Rs -0.30 crore (Sep'24 Rs 3.79 crore).