The company reported standalone net loss during the quarter stood at Rs 80.65 crore as compared to net loss of Rs 10.09 crore in the previous year quarter.
Net revenue of the company declined moderately by 6.19 per cent at Rs 12.43 crore in October-December quarter of this fiscal as against Rs 13.25 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 1.65 per cent to Rs 10.47 crore from Rs 10.30 crore in year ago period.
Other Income grew by 182.22 per cent at Rs 1.27 crore versus (Dec'23 Rs 0.45 crore).
Operating Profit slipped by 33.56 per cent to Rs 1.96 crore as against Rs 2.95 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 29.31 per cent in December quarter.
Interest declined by 1.30 per cent y-o-y to Rs 9.13 crore