The company reported standalone net loss during the quarter stood at Rs 0.81 crore as compared to net loss of Rs 1.55 crore in the previous year quarter.
Net revenue of the company rose substantially by 74.16 per cent at Rs 44.62 crore in July-September quarter of this fiscal as against Rs 25.62 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 78.66 per cent to Rs 44.11 crore from Rs 24.69 crore in year ago period.
Other Income grew by 20.00 per cent at Rs 0.12 crore versus (Sep'23 Rs 0.10 crore).
Operating Profit slipped by 44.57 per cent to Rs 0.51 crore as against Rs 0.92 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 68.14 per cent in September quarter.
Interest declined by 61.35 per cent y-o-y to Rs 0.63 crore, while Taxation increased by 0.00 per cent at Rs -0.14 crore (Sep'23 Rs 0.00 crore).