The company reported standalone net loss during the quarter stood at Rs 2.15 crore as compared to net loss of Rs 2.49 crore in the previous year quarter.

Net revenue of the company declined moderately by 6.28 per cent at Rs 21.03 crore in October-December quarter of this fiscal as against Rs 22.44 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 6.74 per cent to Rs 23.12 crore from Rs 24.79 crore in year ago period.

Other Income grew by 0.00 per cent at Rs 0.13 crore versus (Dec'22 Rs 0.13 crore).

Operating Profit slipped by 11.06 per cent to Rs -2.09 crore as against Rs -2.35 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 5.43 per cent in December quarter.

Interest grew by 70.00 per cent y-o-y to Rs 0.17 crore