The company reported standalone net loss during the quarter stood at Rs 0.60 crore compared to net profit of Rs 0.88 crore in the previous year quarter.ÿ
Net revenue of the company rose substantially by 26.53 per cent at Rs 13.21 crore in October-December quarter of this fiscal as against Rs 10.44 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 50.27 per cent to Rs 13.78 crore from Rs 9.17 crore in year ago period.
Other Income dipped by 7.14 per cent at Rs 0.13 crore versus (Dec'23 Rs 0.14 crore).
Operating Profit slipped by 144.53 per cent to Rs -0.57 crore as against Rs 1.28 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 135.16 per cent in December quarter.