The company reported standalone net loss during the quarter stood at Rs 14.02 crore as compared to net loss of Rs 5.01 crore in the previous year quarter.

Net revenue of the company declined moderately by 14.47 per cent at Rs 9.93 crore in July-September quarter of this fiscal as against Rs 11.61 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 53.98 per cent to Rs 21.08 crore from Rs 13.69 crore in year ago period.

Other Income dipped by 66.67 per cent at Rs 0.01 crore versus (Sep'24 Rs 0.03 crore).

Operating Profit surged by 436.06 per cent to Rs -11.15 crore as against Rs -2.08 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 526.62 per cent in September quarter.

Interest declined by 1.39 per cent y-o-y to Rs 2.83 crore