The company reported standalone net loss during the quarter stood at Rs 0.44 crore compared to net profit of Rs 0.08 crore in the previous year quarter.ÿ

Net revenue of the company declined substantially by 37.83 per cent at Rs 9.76 crore in October-December quarter of this fiscal as against Rs 15.70 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 35.51 per cent to Rs 10.06 crore from Rs 15.60 crore in year ago period.

Operating Profit slipped by 400.00 per cent to Rs -0.30 crore as against Rs 0.10 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 581.25 per cent in December quarter.

Interest grew by 0.00 per cent y-o-y to Rs 0.14 crore