The company reported standalone net loss during the quarter stood at Rs 5.16 crore as compared to net loss of Rs 2.98 crore in the previous year quarter.
Net revenue of the company rose moderately by 17.74 per cent at Rs 111.99 crore in October-December quarter of this fiscal as against Rs 95.12 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 15.21 per cent to Rs 114.20 crore from Rs 99.12 crore in year ago period.
Other Income dipped by 118.52 per cent at Rs -0.55 crore versus (Dec'23 Rs 2.97 crore).
Operating Profit slipped by 44.75 per cent to Rs -2.21 crore as against Rs -4.00 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 53.21 per cent in December quarter.
Interest grew by 221.95 per cent y-o-y to Rs 1.32 crore, while Taxation decreased by 139.53 per cent at Rs -0.34 crore (Dec'23 Rs 0.86 crore).