The company reported standalone net loss during the quarter stood at Rs 5.70 crore as compared to net loss of Rs 8.79 crore in the previous year quarter.
Net revenue of the company declined substantially by 48.21 per cent at Rs 15.89 crore in October-December quarter of this fiscal as against Rs 30.68 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 43.68 per cent to Rs 20.23 crore from Rs 35.92 crore in year ago period.
Other Income grew by 400.00 per cent at Rs 1.10 crore versus (Dec'24 Rs 0.22 crore).
Operating Profit slipped by 17.18 per cent to Rs -4.34 crore as against Rs -5.24 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 59.87 per cent in December quarter.
Interest declined by 19.75 per cent y-o-y to Rs 1.30 crore, while Taxation increased by 87.78 per cent at Rs -1.69 crore (Dec'24 Rs -0.90 crore).