The company reported standalone net loss during the quarter stood at Rs 2.15 crore compared to net profit of Rs 4.73 crore in the previous year quarter.ÿ
Net revenue of the company declined substantially by 57.99 per cent at Rs 15.10 crore in July-September quarter of this fiscal as against Rs 35.94 crore in the corresponding period last year.
During July-September quarter, operating expenses dropped by 45.59 per cent to Rs 16.53 crore from Rs 30.38 crore in year ago period.
Other Income dipped by 101.68 per cent at Rs -0.03 crore versus (Sep'24 Rs 1.79 crore).
Operating Profit slipped by 125.77 per cent to Rs -1.43 crore as against Rs 5.55 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 161.29 per cent in September quarter.
Interest grew by 120.00 per cent y-o-y to Rs 0.55 crore, while Taxation decreased by 114.89 per cent at Rs -0.28 crore (Sep'24 Rs 1.88 crore).