The company reported standalone net loss during the quarter stood at Rs 0.76 crore compared to net profit of Rs 0.67 crore in the previous year quarter.ÿ

Net revenue of the company declined substantially by 71.25 per cent at Rs 11.11 crore in October-December quarter of this fiscal as against Rs 38.65 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 70.55 per cent to Rs 10.95 crore from Rs 37.18 crore in year ago period.

Other Income grew by 0.00 per cent at Rs 0.01 crore versus (Dec'23 Rs 0.01 crore).

Operating Profit slipped by 89.12 per cent to Rs 0.16 crore as against Rs 1.47 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 61.42 per cent in December quarter.

Interest grew by 20.90 per cent y-o-y to Rs 0.81 crore