The company reported standalone net loss during the quarter stood at Rs 0.67 crore compared to net profit of Rs 0.60 crore in the previous year quarter.ÿ

Net revenue of the company rose moderately by 18.00 per cent at Rs 33.95 crore in October-December quarter of this fiscal as against Rs 28.77 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 21.54 per cent to Rs 33.52 crore from Rs 27.58 crore in year ago period.

Other Income dipped by 86.36 per cent at Rs 0.03 crore versus (Dec'22 Rs 0.22 crore).

Operating Profit slipped by 63.87 per cent to Rs 0.43 crore as against Rs 1.19 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 69.32 per cent in December quarter.

Interest grew by 46.81 per cent y-o-y to Rs 0.69 crore