The company reported standalone net loss during the quarter stood at Rs 28.36 crore as compared to net loss of Rs 9.39 crore in the previous year quarter.
Net revenue of the company rose by 5.60 per cent at Rs 188.73 crore in July-September quarter of this fiscal as against Rs 178.72 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 15.24 per cent to Rs 185.27 crore from Rs 160.77 crore in year ago period.
Other Income dipped by 10.57 per cent at Rs 3.89 crore versus (Sep'23 Rs 4.35 crore).
Operating Profit slipped by 63.96 per cent to Rs 6.47 crore as against Rs 17.95 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 65.84 per cent in September quarter.
Interest grew by 5.46 per cent y-o-y to Rs 21.43 crore, while Taxation increased by 960.71 per cent at Rs -2.97 crore (Sep'23 Rs -0.28 crore).