The company reported standalone net loss during the quarter stood at Rs 10.49 crore as compared to net loss of Rs 2.41 crore in the previous year quarter.
Net revenue of the company rose substantially by 22.27 per cent at Rs 153.75 crore in July-September quarter of this fiscal as against Rs 125.75 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 26.39 per cent to Rs 157.23 crore from Rs 124.40 crore in year ago period.
Other Income grew by 166.67 per cent at Rs 0.24 crore versus (Sep'23 Rs 0.09 crore).
Operating Profit slipped by 357.78 per cent to Rs -3.48 crore as against Rs 1.35 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 311.21 per cent in September quarter.
Interest grew by 121.60 per cent y-o-y to Rs 5.54 crore, while Taxation increased by 324.39 per cent at Rs -3.48 crore (Sep'23 Rs -0.82 crore).