The company reported standalone net loss during the quarter stood at Rs 7.54 crore compared to net profit of Rs 1.02 crore in the previous year quarter.ÿ

Net revenue of the company rose moderately by 14.17 per cent at Rs 36.01 crore in July-September quarter of this fiscal as against Rs 31.54 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 0.13 per cent to Rs 62.67 crore from Rs 62.75 crore in year ago period.

Other Income dipped by 5.48 per cent at Rs 36.60 crore versus (Sep'18 Rs 38.72 crore).

Operating Profit slipped by 15.12 per cent to Rs -26.21 crore as against Rs -30.88 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 25.68 per cent in September quarter.

Interest declined by 93.28 per cent y-o-y to Rs 0.09 crore, while Taxation increased by 642.27 per cent at Rs 7.20 crore (Sep'18 Rs 0.97 crore).