The company reported standalone net loss during the quarter stood at Rs 0.39 crore compared to net profit of Rs 0.05 crore in the previous year quarter.ÿ

Net revenue of the company rose marginally by 1.81 per cent at Rs 10.13 crore in October-December quarter of this fiscal as against Rs 9.95 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 6.48 per cent to Rs 9.04 crore from Rs 8.49 crore in year ago period.

Other Income dipped by 142.86 per cent at Rs -0.12 crore versus (Dec'22 Rs 0.28 crore).

Operating Profit slipped by 25.34 per cent to Rs 1.09 crore as against Rs 1.46 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 26.57 per cent in December quarter.

Interest declined by 38.10 per cent y-o-y to Rs 0.13 crore, while Taxation decreased by 178.57 per cent at Rs -0.11 crore (Dec'22 Rs 0.14 crore).