The company reported standalone net loss during the quarter stood at Rs 3.56 crore as compared to net loss of Rs 0.99 crore in the previous year quarter.

Net revenue of the company declined moderately by 17.31 per cent at Rs 45.75 crore in July-September quarter of this fiscal as against Rs 55.33 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 11.35 per cent to Rs 48.75 crore from Rs 54.99 crore in year ago period.

Other Income grew by 0.00 per cent at Rs 0.03 crore versus (Sep'24 Rs 0.03 crore).

Operating Profit slipped by 985.29 per cent to Rs -3.01 crore as against Rs 0.34 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1178.69 per cent in September quarter.

Interest declined by 25.76 per cent y-o-y to Rs 0.49 crore, while Taxation increased by 114.29 per cent at Rs -0.75 crore (Sep'24 Rs -0.35 crore).