The company reported standalone net loss during the quarter stood at Rs 0.51 crore as compared to net loss of Rs 0.01 crore in the previous year quarter.
Net revenue of the company rose substantially by 41.53 per cent at Rs 12.03 crore in October-December quarter of this fiscal as against Rs 8.50 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 49.58 per cent to Rs 12.58 crore from Rs 8.41 crore in year ago period.
Other Income grew by 0.00 per cent at Rs 0.10 crore versus (Dec'23 Rs 0.10 crore).
Operating Profit slipped by 711.11 per cent to Rs -0.55 crore as against Rs 0.09 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 525.93 per cent in December quarter.
Interest grew by 15.00 per cent y-o-y to Rs 0.23 crore, while Taxation increased by 0.00 per cent at Rs -0.17 crore (Dec'23 Rs 0.00 crore).