The company reported standalone net loss during the quarter stood at Rs 11.52 crore compared to net profit of Rs 3.44 crore in the previous year quarter.ÿ
Net revenue of the company declined substantially by 97.26 per cent at Rs 2.17 crore in October-December quarter of this fiscal as against Rs 79.08 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 91.86 per cent to Rs 5.95 crore from Rs 73.09 crore in year ago period.
Other Income grew by 97.62 per cent at Rs 0.83 crore versus (Dec'23 Rs 0.42 crore).
Operating Profit slipped by 163.11 per cent to Rs -3.78 crore as against Rs 5.99 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 2398.02 per cent in December quarter.
Interest grew by 0.00 per cent y-o-y to Rs 1.71 crore