The company reported standalone net loss during the quarter stood at Rs 1.84 crore compared to net profit of Rs 0.01 crore in the previous year quarter.ÿ
Net revenue of the company rose substantially by 58.46 per cent at Rs 22.66 crore in October-December quarter of this fiscal as against Rs 14.30 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 56.06 per cent to Rs 22.41 crore from Rs 14.36 crore in year ago period.
Other Income dipped by 88.46 per cent at Rs 0.27 crore versus (Dec'23 Rs 2.34 crore).
Operating Profit surged by 516.67 per cent to Rs 0.25 crore as against Rs -0.06 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 372.50 per cent in December quarter.
Interest grew by 18.18 per cent y-o-y to Rs 0.13 crore, while Taxation decreased by 53.70 per cent at Rs 0.25 crore (Dec'23 Rs 0.54 crore).