The company reported standalone net loss during the quarter stood at Rs 11.14 crore as compared to net loss of Rs 6.66 crore in the previous year quarter. Net revenue of the company declined substantially by 29.81 per cent at Rs 4.05 crore in July-September quarter of this fiscal as against Rs 5.77 crore in the corresponding period last year.
During July-September quarter, operating expenses dropped by 8.72 per cent to Rs 3.56 crore from Rs 3.90 crore in year ago period. Other Income dipped by 66.67 per cent at Rs 0.23 crore versus (Sep'18 Rs 0.69 crore).
Operating Profit slipped by 74.33 per cent to Rs 0.48 crore as against Rs 1.87 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 63.15 per cent in September quarter. Interest grew by 11.97 per cent y-o-y to Rs 6.36 crore
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The company reported standalone net loss during the quarter stood at Rs 11.14 crore as compared to net loss of Rs 6.66 crore in the previous year quarter. Net revenue of the company declined substantially by 29.81 per cent at Rs 4.05 crore in July-September quarter of this fiscal as against Rs 5.77 crore in the corresponding period last year.
During July-September quarter, operating expenses dropped by 8.72 per cent to Rs 3.56 crore from Rs 3.90 crore in year ago period. Other Income dipped by 66.67 per cent at Rs 0.23 crore versus (Sep'18 Rs 0.69 crore).
Operating Profit slipped by 74.33 per cent to Rs 0.48 crore as against Rs 1.87 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 63.15 per cent in September quarter. Interest grew by 11.97 per cent y-o-y to Rs 6.36 crore
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