The company reported standalone net loss during the quarter stood at Rs 0.54 crore compared to net profit of Rs 0.36 crore in the previous year quarter.ÿ

Net revenue of the company rose substantially by 24.22 per cent at Rs 20.26 crore in October-December quarter of this fiscal as against Rs 16.31 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 32.09 per cent to Rs 20.21 crore from Rs 15.30 crore in year ago period.

Other Income grew by 80.00 per cent at Rs 0.18 crore versus (Dec'23 Rs 0.10 crore).

Operating Profit slipped by 95.05 per cent to Rs 0.05 crore as against Rs 1.01 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 96.27 per cent in December quarter.

Interest grew by 37.50 per cent y-o-y to Rs 0.55 crore, while Taxation decreased by 240.00 per cent at Rs -0.14 crore (Dec'23 Rs 0.10 crore).