The company reported standalone net loss during the quarter stood at Rs 6.51 crore compared to net profit of Rs 2.65 crore in the previous year quarter.ÿ

Net revenue of the company declined substantially by 50.13 per cent at Rs 17.38 crore in July-September quarter of this fiscal as against Rs 34.85 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 24.98 per cent to Rs 24.06 crore from Rs 32.07 crore in year ago period.

Other Income grew by 0.00 per cent at Rs 0.20 crore versus (Sep'21 Rs 0.20 crore).

Operating Profit slipped by 341.52 per cent to Rs -6.69 crore as against Rs 2.77 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 583.42 per cent in September quarter.

Interest grew by 0.00 per cent y-o-y to Rs 0.01 crore