The company reported standalone net loss during the quarter stood at Rs 14.09 crore as compared to net loss of Rs 12.67 crore in the previous year quarter.

Net revenue of the company rose three fold by 400.00 per cent at Rs 1.00 crore in October-December quarter of this fiscal as against Rs 0.20 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 22.73 per cent to Rs 0.54 crore from Rs 0.44 crore in year ago period.

Operating Profit surged by 291.67 per cent to Rs 0.46 crore as against Rs -0.24 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 139.25 per cent in December quarter.

Interest grew by 17.18 per cent y-o-y to Rs 14.53 crore