The company reported standalone net loss during the quarter stood at Rs 1.46 crore compared to net profit of Rs 1.08 crore in the previous year quarter.ÿ
Net revenue of the company declined marginally by 3.80 per cent at Rs 14.19 crore in October-December quarter of this fiscal as against Rs 14.75 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 13.40 per cent to Rs 14.64 crore from Rs 12.91 crore in year ago period.
Other Income dipped by 42.11 per cent at Rs 0.11 crore versus (Dec'23 Rs 0.19 crore).
Operating Profit slipped by 124.46 per cent to Rs -0.45 crore as against Rs 1.84 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 125.46 per cent in December quarter.
Interest grew by 38.46 per cent y-o-y to Rs 0.72 crore, while Taxation increased by 0.00 per cent at Rs -0.05 crore (Dec'23 Rs 0.00 crore).