The company reported standalone net loss during the quarter stood at Rs 19.03 crore as compared to net loss of Rs 21.32 crore in the previous year quarter.

Net revenue of the company rose substantially by 30.81 per cent at Rs 19.32 crore in October-December quarter of this fiscal as against Rs 14.77 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 39.32 per cent to Rs 14.74 crore from Rs 10.58 crore in year ago period.

Other Income grew by 0.00 per cent at Rs 0.03 crore versus (Dec'23 Rs 0.00 crore).

Operating Profit surged by 9.31 per cent to Rs 4.58 crore as against Rs 4.19 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 16.48 per cent in December quarter.

Interest grew by 10.77 per cent y-o-y to Rs 16.76 crore