The company reported standalone net loss during the quarter stood at Rs 2.31 crore compared to net profit of Rs 2.70 crore in the previous year quarter.ÿ
Net revenue of the company rose substantially by 93.45 per cent at Rs 23.93 crore in July-September quarter of this fiscal as against Rs 12.37 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 102.85 per cent to Rs 17.08 crore from Rs 8.42 crore in year ago period.
Other Income grew by 470.24 per cent at Rs 4.79 crore versus (Sep'23 Rs 0.84 crore).
Operating Profit surged by 73.42 per cent to Rs 6.85 crore as against Rs 3.95 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 10.34 per cent in September quarter.
Interest declined by 18.18 per cent y-o-y to Rs 0.09 crore, while Taxation increased by 708.06 per cent at Rs 10.02 crore (Sep'23 Rs 1.24 crore).