The company reported standalone net loss during the quarter stood at Rs 14.01 crore as compared to net loss of Rs 2.60 crore in the previous year quarter.

Net revenue of the company rose substantially by 22.34 per cent at Rs 2.41 crore in October-December quarter of this fiscal as against Rs 1.97 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 121.58 per cent to Rs 7.29 crore from Rs 3.29 crore in year ago period.

Other Income grew by 32.16 per cent at Rs 10.15 crore versus (Dec'22 Rs 7.68 crore).

Operating Profit surged by 271.76 per cent to Rs -4.87 crore as against Rs -1.31 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 203.49 per cent in December quarter.

Interest grew by 41.45 per cent y-o-y to Rs 18.77 crore