The company reported standalone net loss during the quarter stood at Rs 0.64 crore as compared to net loss of Rs 0.01 crore in the previous year quarter.

Net revenue of the company declined marginally by 1.60 per cent at Rs 15.40 crore in July-September quarter of this fiscal as against Rs 15.65 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 2.30 per cent to Rs 15.15 crore from Rs 14.81 crore in year ago period.

Other Income dipped by 52.17 per cent at Rs 0.11 crore versus (Sep'23 Rs 0.23 crore).

Operating Profit slipped by 70.24 per cent to Rs 0.25 crore as against Rs 0.84 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 69.81 per cent in September quarter.

Interest declined by 9.76 per cent y-o-y to Rs 0.37 crore, while Taxation increased by 50.00 per cent at Rs -0.03 crore (Sep'23 Rs -0.02 crore).