The company reported standalone net loss during the quarter stood at Rs 2.27 crore compared to net profit of Rs 0.91 crore in the previous year quarter.ÿ
Net revenue of the company rose moderately by 6.51 per cent at Rs 46.15 crore in July-September quarter of this fiscal as against Rs 43.33 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 18.71 per cent to Rs 49.23 crore from Rs 41.47 crore in year ago period.
Other Income dipped by 90.00 per cent at Rs 0.03 crore versus (Sep'23 Rs 0.30 crore).
Operating Profit slipped by 266.49 per cent to Rs -3.08 crore as against Rs 1.85 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 256.07 per cent in September quarter.
Interest declined by 82.57 per cent y-o-y to Rs 0.19 crore, while Taxation decreased by 1425.00 per cent at Rs -1.06 crore (Sep'23 Rs 0.08 crore).