The company reported standalone net loss during the quarter stood at Rs 0.37 crore as compared to net loss of Rs 0.51 crore in the previous year quarter.

Net revenue of the company declined substantially by 78.47 per cent at Rs 2.59 crore in October-December quarter of this fiscal as against Rs 12.03 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 76.95 per cent to Rs 2.90 crore from Rs 12.58 crore in year ago period.

Other Income grew by 20.00 per cent at Rs 0.12 crore versus (Dec'24 Rs 0.10 crore).

Operating Profit slipped by 43.64 per cent to Rs -0.31 crore as against Rs -0.55 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 157.61 per cent in December quarter.

Interest grew by 34.78 per cent y-o-y to Rs 0.31 crore, while Taxation decreased by 23.53 per cent at Rs -0.13 crore (Dec'24 Rs -0.17 crore).