The company reported standalone net loss during the quarter stood at Rs 2.13 crore as compared to net loss of Rs 1.53 crore in the previous year quarter.

Net revenue of the company rose two fold by 261.03 per cent at Rs 14.08 crore in October-December quarter of this fiscal as against Rs 3.90 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 238.52 per cent to Rs 13.71 crore from Rs 4.05 crore in year ago period.

Other Income grew by 333.33 per cent at Rs 0.13 crore versus (Dec'22 Rs 0.03 crore).

Operating Profit surged by 353.33 per cent to Rs 0.38 crore as against Rs -0.15 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 170.79 per cent in December quarter.

Interest grew by 604.17 per cent y-o-y to Rs 1.69 crore