The company reported standalone net loss during the quarter stood at Rs 1.86 crore as compared to net loss of Rs 13.15 crore in the previous year quarter.

Net revenue of the company rose three fold by 5266.67 per cent at Rs 1.61 crore in October-December quarter of this fiscal as against Rs 0.03 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 71.22 per cent to Rs 4.19 crore from Rs 14.56 crore in year ago period.

Operating Profit surged by 131.11 per cent to Rs 4.52 crore as against Rs -14.53 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 100.58 per cent in December quarter.

Interest grew by 0.00 per cent y-o-y to Rs 6.25 crore