The company reported standalone net loss during the quarter stood at Rs 0.26 crore compared to net profit of Rs 0.25 crore in the previous year quarter.ÿ
Net revenue of the company declined substantially by 84.49 per cent at Rs 2.75 crore in July-September quarter of this fiscal as against Rs 17.73 crore in the corresponding period last year.
During July-September quarter, operating expenses dropped by 82.74 per cent to Rs 2.95 crore from Rs 17.09 crore in year ago period.
Other Income grew by 36.36 per cent at Rs 0.15 crore versus (Sep'24 Rs 0.11 crore).
Operating Profit slipped by 131.25 per cent to Rs -0.20 crore as against Rs 0.64 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 304.17 per cent in September quarter.
Interest declined by 28.57 per cent y-o-y to Rs 0.25 crore, while Taxation decreased by 128.57 per cent at Rs -0.04 crore (Sep'24 Rs 0.14 crore).