The company reported standalone net loss during the quarter stood at Rs 3.79 crore compared to net profit of Rs 0.70 crore in the previous year quarter.ÿ
Net revenue of the company declined moderately by 12.01 per cent at Rs 82.54 crore in July-September quarter of this fiscal as against Rs 93.81 crore in the corresponding period last year.
During July-September quarter, operating expenses dropped by 5.32 per cent to Rs 81.91 crore from Rs 86.51 crore in year ago period.
Other Income dipped by 62.20 per cent at Rs 0.31 crore versus (Sep'24 Rs 0.82 crore).
Operating Profit slipped by 89.18 per cent to Rs 0.79 crore as against Rs 7.30 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 87.79 per cent in September quarter.
Interest declined by 27.50 per cent y-o-y to Rs 2.32 crore, while Taxation decreased by 586.21 per cent at Rs -1.41 crore (Sep'24 Rs 0.29 crore).