The company reported standalone net loss during the quarter stood at Rs 13.64 crore as compared to net loss of Rs 0.94 crore in the previous year quarter.

Net revenue of the company rose substantially by 95.98 per cent at Rs 163.29 crore in October-December quarter of this fiscal as against Rs 83.32 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 75.50 per cent to Rs 146.05 crore from Rs 83.22 crore in year ago period.

Other Income grew by 80.38 per cent at Rs 3.77 crore versus (Dec'22 Rs 2.09 crore).

Operating Profit surged by 17140.00 per cent to Rs 17.24 crore as against Rs 0.10 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 8700.00 per cent in December quarter.

Interest grew by 2050.00 per cent y-o-y to Rs 21.07 crore, while Taxation increased by 1276.67 per cent at Rs 3.53 crore (Dec'22 Rs -0.30 crore).