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(15/11/2025 10:25)

City Online Services posts Q2 net loss of Rs 0.20 cr

The company reported standalone net loss during the quarter stood at Rs 0.20 crore compared to net profit of Rs 0.14 crore in the previous year quarter.ÿ

Net revenue of the company rose moderately by 6.56 per cent at Rs 1.95 crore in July-September quarter of this fiscal as against Rs 1.83 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 28.22 per cent to Rs 2.09 crore from Rs 1.63 crore in year ago period.

Other Income grew by 0.00 per cent at Rs 0.03 crore versus (Sep'24 Rs 0.03 crore).

Operating Profit slipped by 170.00 per cent to Rs -0.14 crore as against Rs 0.20 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 167.89 per cent in September quarter.

Interest declined by 33.33 per cent y-o-y to Rs 0.02 crore, while Taxation decreased by 66.67 per cent at Rs -0.01 crore (Sep'24 Rs -0.03 crore).
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