The company reported standalone net loss during the quarter stood at Rs 5.60 crore compared to net profit of Rs 1.39 crore in the previous year quarter.ÿ
Net revenue of the company declined substantially by 42.60 per cent at Rs 2.87 crore in July-September quarter of this fiscal as against Rs 5.00 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 66.30 per cent to Rs 4.59 crore from Rs 2.76 crore in year ago period.
Other Income grew by 85.19 per cent at Rs 0.50 crore versus (Sep'24 Rs 0.27 crore).
Operating Profit slipped by 176.79 per cent to Rs -1.72 crore as against Rs 2.24 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 234.00 per cent in September quarter.
Interest declined by 21.95 per cent y-o-y to Rs 0.64 crore, while Taxation increased by 6300.00 per cent at Rs 3.20 crore (Sep'24 Rs 0.05 crore).