The company reported standalone net loss during the quarter stood at Rs 0.26 crore compared to net profit of Rs 1.81 crore in the previous year quarter.ÿ
Net revenue of the company rose substantially by 63.99 per cent at Rs 9.79 crore in July-September quarter of this fiscal as against Rs 5.97 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 187.72 per cent to Rs 9.84 crore from Rs 3.42 crore in year ago period.
Operating Profit slipped by 101.96 per cent to Rs -0.05 crore as against Rs 2.55 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 101.15 per cent in September quarter.
Interest declined by 21.05 per cent y-o-y to Rs 0.15 crore