The company reported standalone net loss during the quarter stood at Rs 2.06 crore as compared to net loss of Rs 1.55 crore in the previous year quarter.
Net revenue of the company rose marginally by 4.50 per cent at Rs 46.46 crore in October-December quarter of this fiscal as against Rs 44.46 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 1.80 per cent to Rs 45.34 crore from Rs 44.54 crore in year ago period.
Other Income dipped by 104.00 per cent at Rs -0.01 crore versus (Dec'23 Rs 0.25 crore).
Operating Profit surged by 1500.00 per cent to Rs 1.12 crore as against Rs -0.08 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1517.65 per cent in December quarter.
Interest grew by 21.92 per cent y-o-y to Rs 0.89 crore, while Taxation increased by 14.75 per cent at Rs -0.70 crore (Dec'23 Rs -0.61 crore).