The company reported standalone net loss during the quarter stood at Rs 0.06 crore as compared to net loss of Rs 0.68 crore in the previous year quarter.
Net revenue of the company declined moderately by 7.21 per cent at Rs 2.96 crore in October-December quarter of this fiscal as against Rs 3.19 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 29.12 per cent to Rs 2.97 crore from Rs 4.19 crore in year ago period.
Operating Profit slipped by 99.01 per cent to Rs -0.01 crore as against Rs -1.01 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 98.48 per cent in December quarter.
Taxation decreased by 106.67 per cent at Rs -0.01 crore (Dec'23 Rs 0.15 crore).