The company reported standalone net loss during the quarter stood at Rs 0.11 crore compared to net profit of Rs 0.30 crore in the previous year quarter.ÿ

Net revenue of the company rose moderately by 13.18 per cent at Rs 16.49 crore in October-December quarter of this fiscal as against Rs 14.57 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 18.62 per cent to Rs 16.31 crore from Rs 13.75 crore in year ago period.

Other Income grew by 7.14 per cent at Rs 0.15 crore versus (Dec'23 Rs 0.14 crore).

Operating Profit slipped by 78.05 per cent to Rs 0.18 crore as against Rs 0.82 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 80.57 per cent in December quarter.

Interest grew by 0.00 per cent y-o-y to Rs 0.41 crore, while Taxation decreased by 163.64 per cent at Rs -0.07 crore (Dec'23 Rs 0.11 crore).