The company reported standalone net loss during the quarter stood at Rs 4.56 crore compared to net profit of Rs 5.95 crore in the previous year quarter.ÿ
Net revenue of the company rose moderately by 15.41 per cent at Rs 238.62 crore in July-September quarter of this fiscal as against Rs 206.76 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 23.85 per cent to Rs 228.88 crore from Rs 184.80 crore in year ago period.
Other Income dipped by 55.76 per cent at Rs 0.96 crore versus (Sep'23 Rs 2.17 crore).
Operating Profit slipped by 55.62 per cent to Rs 9.75 crore as against Rs 21.97 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 61.49 per cent in September quarter.
Interest grew by 38.81 per cent y-o-y to Rs 3.97 crore, while Taxation decreased by 143.24 per cent at Rs -1.47 crore (Sep'23 Rs 3.40 crore).