The company reported standalone net loss during the quarter stood at Rs 22.05 crore compared to net profit of Rs 1.48 crore in the previous year quarter.ÿ

Net revenue of the company rose moderately by 10.36 per cent at Rs 6.39 crore in October-December quarter of this fiscal as against Rs 5.79 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 13.62 per cent to Rs 7.59 crore from Rs 6.68 crore in year ago period.

Other Income dipped by 67.99 per cent at Rs 0.97 crore versus (Dec'23 Rs 3.03 crore).

Operating Profit surged by 34.83 per cent to Rs -1.20 crore as against Rs -0.89 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 22.56 per cent in December quarter.

Interest declined by 33.33 per cent y-o-y to Rs 0.02 crore, while Taxation decreased by 786.79 per cent at Rs -3.64 crore (Dec'23 Rs 0.53 crore).