The company reported standalone net loss during the quarter stood at Rs 3.96 crore as compared to net loss of Rs 1.69 crore in the previous year quarter.

Net revenue of the company declined moderately by 15.43 per cent at Rs 37.98 crore in October-December quarter of this fiscal as against Rs 44.91 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 4.93 per cent to Rs 39.90 crore from Rs 41.97 crore in year ago period.

Other Income grew by 752.17 per cent at Rs 1.96 crore versus (Dec'24 Rs 0.23 crore).

Operating Profit slipped by 165.31 per cent to Rs -1.92 crore as against Rs 2.94 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 176.95 per cent in December quarter.

Interest declined by 6.59 per cent y-o-y to Rs 1.70 crore, while Taxation increased by 84.51 per cent at Rs -1.31 crore (Dec'24 Rs -0.71 crore).