The company reported standalone net loss during the quarter stood at Rs 0.45 crore compared to net profit of Rs 1.13 crore in the previous year quarter.ÿ
Net revenue of the company declined marginally by 4.57 per cent at Rs 64.15 crore in July-September quarter of this fiscal as against Rs 67.22 crore in the corresponding period last year.
During July-September quarter, operating expenses dropped by 1.43 per cent to Rs 64.15 crore from Rs 65.08 crore in year ago period.
Other Income dipped by 4.35 per cent at Rs 0.22 crore versus (Sep'23 Rs 0.23 crore).
Operating Profit slipped by 100.00 per cent to Rs 0.00 crore as against Rs 2.14 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 100.00 per cent in September quarter.
Interest declined by 50.00 per cent y-o-y to Rs 0.06 crore, while Taxation decreased by 106.25 per cent at Rs -0.03 crore (Sep'23 Rs 0.48 crore).