The company reported standalone net loss during the quarter stood at Rs 0.97 crore as compared to net loss of Rs 0.54 crore in the previous year quarter.
Net revenue of the company declined substantially by 35.15 per cent at Rs 8.69 crore in July-September quarter of this fiscal as against Rs 13.40 crore in the corresponding period last year.
During July-September quarter, operating expenses dropped by 33.95 per cent to Rs 8.93 crore from Rs 13.52 crore in year ago period.
Operating Profit surged by 127.27 per cent to Rs -0.25 crore as against Rs -0.11 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 231.76 per cent in September quarter.
Interest declined by 35.82 per cent y-o-y to Rs 0.43 crore, while Taxation decreased by 175.00 per cent at Rs -0.06 crore (Sep'24 Rs 0.08 crore).