The company reported standalone net loss during the quarter stood at Rs 0.01 crore compared to net profit of Rs 1.72 crore in the previous year quarter.ÿ
Net revenue of the company declined moderately by 16.32 per cent at Rs 2.00 crore in July-September quarter of this fiscal as against Rs 2.39 crore in the corresponding period last year.
During July-September quarter, operating expenses dropped by 54.59 per cent to Rs 1.93 crore from Rs 4.25 crore in year ago period.
Operating Profit surged by 103.23 per cent to Rs 0.06 crore as against Rs -1.86 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 104.15 per cent in September quarter.
Interest declined by 25.00 per cent y-o-y to Rs 0.06 crore