The company reported standalone net loss during the quarter stood at Rs 3.47 crore compared to net profit of Rs 2.54 crore in the previous year quarter.ÿ
Net revenue of the company declined marginally by 1.40 per cent at Rs 131.25 crore in July-September quarter of this fiscal as against Rs 133.12 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 3.09 per cent to Rs 129.28 crore from Rs 125.40 crore in year ago period.
Other Income dipped by 61.17 per cent at Rs 0.40 crore versus (Sep'23 Rs 1.03 crore).
Operating Profit slipped by 74.48 per cent to Rs 1.97 crore as against Rs 7.72 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 74.14 per cent in September quarter.
Interest declined by 3.64 per cent y-o-y to Rs 1.06 crore, while Taxation decreased by 64.52 per cent at Rs 0.33 crore (Sep'23 Rs 0.93 crore).