The company reported standalone net loss during the quarter stood at Rs 5.78 crore as compared to net loss of Rs 6.42 crore in the previous year quarter.

Net revenue of the company rose three fold by 378.51 per cent at Rs 11.58 crore in October-December quarter of this fiscal as against Rs 2.42 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 345.52 per cent to Rs 17.42 crore from Rs 3.91 crore in year ago period.

Other Income grew by 101.22 per cent at Rs 0.06 crore versus (Dec'22 Rs -4.93 crore).

Operating Profit surged by 291.95 per cent to Rs -5.84 crore as against Rs -1.49 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 17.92 per cent in December quarter.