The company reported standalone net loss during the quarter stood at Rs 1.95 crore as compared to net loss of Rs 2.57 crore in the previous year quarter.

Net revenue of the company rose by 5.08 per cent at Rs 11.17 crore in October-December quarter of this fiscal as against Rs 10.63 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 1.52 per cent to Rs 12.28 crore from Rs 12.47 crore in year ago period.

Other Income dipped by 14.29 per cent at Rs 0.12 crore versus (Dec'22 Rs 0.14 crore).

Operating Profit slipped by 39.46 per cent to Rs -1.12 crore as against Rs -1.85 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 42.49 per cent in December quarter.

Interest grew by 5.00 per cent y-o-y to Rs 0.42 crore, while Taxation decreased by 28.57 per cent at Rs -0.15 crore (Dec'22 Rs -0.21 crore).