The company reported standalone net loss during the quarter stood at Rs 17.28 crore as compared to net loss of Rs 24.36 crore in the previous year quarter.
Net revenue of the company rose substantially by 32.47 per cent at Rs 118.73 crore in October-December quarter of this fiscal as against Rs 89.63 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 23.32 per cent to Rs 116.24 crore from Rs 94.26 crore in year ago period.
Other Income dipped by 5.56 per cent at Rs 0.34 crore versus (Dec'23 Rs 0.36 crore).
Operating Profit surged by 153.78 per cent to Rs 2.49 crore as against Rs -4.63 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 140.62 per cent in December quarter.
Interest grew by 5.21 per cent y-o-y to Rs 7.88 crore