The company reported standalone net loss during the quarter stood at Rs 0.63 crore as compared to net loss of Rs 0.04 crore in the previous year quarter.
Net revenue of the company rose moderately by 14.53 per cent at Rs 8.83 crore in October-December quarter of this fiscal as against Rs 7.71 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 23.79 per cent to Rs 9.21 crore from Rs 7.44 crore in year ago period.
Other Income grew by 73.33 per cent at Rs 0.26 crore versus (Dec'23 Rs 0.15 crore).
Operating Profit slipped by 240.74 per cent to Rs -0.38 crore as against Rs 0.27 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 223.14 per cent in December quarter.
Interest grew by 0.00 per cent y-o-y to Rs 0.23 crore, while Taxation decreased by 71.43 per cent at Rs -0.02 crore (Dec'23 Rs -0.07 crore).