The company reported standalone net loss during the quarter stood at Rs 6.16 crore as compared to net loss of Rs 4.15 crore in the previous year quarter.

Net revenue of the company declined by 5.37 per cent at Rs 117.62 crore in July-September quarter of this fiscal as against Rs 124.30 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 0.09 per cent to Rs 111.66 crore from Rs 111.76 crore in year ago period.

Other Income grew by 67.80 per cent at Rs 14.28 crore versus (Sep'24 Rs 8.51 crore).

Operating Profit slipped by 52.47 per cent to Rs 5.96 crore as against Rs 12.54 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 49.85 per cent in September quarter.

Interest grew by 11.00 per cent y-o-y to Rs 8.88 crore, while Taxation increased by 164.79 per cent at Rs -1.88 crore (Sep'24 Rs -0.71 crore).