The company reported standalone net loss during the quarter stood at Rs 0.58 crore compared to net profit of Rs 0.98 crore in the previous year quarter.ÿ

Net revenue of the company declined substantially by 66.39 per cent at Rs 5.75 crore in July-September quarter of this fiscal as against Rs 17.11 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 62.85 per cent to Rs 5.74 crore from Rs 15.45 crore in year ago period.

Other Income dipped by 44.44 per cent at Rs 0.05 crore versus (Sep'24 Rs 0.09 crore).

Operating Profit slipped by 99.40 per cent to Rs 0.01 crore as against Rs 1.66 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 98.66 per cent in September quarter.

Interest declined by 16.98 per cent y-o-y to Rs 0.44 crore, while Taxation increased by 60.00 per cent at Rs -0.08 crore (Sep'24 Rs -0.05 crore).