The company reported standalone net loss during the quarter stood at Rs 0.44 crore compared to net profit of Rs 0.86 crore in the previous year quarter.ÿ

Net revenue of the company declined substantially by 29.82 per cent at Rs 8.19 crore in October-December quarter of this fiscal as against Rs 11.67 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 35.03 per cent to Rs 8.31 crore from Rs 12.79 crore in year ago period.

Operating Profit slipped by 90.18 per cent to Rs -0.11 crore as against Rs -1.12 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 85.39 per cent in December quarter.

Interest declined by 14.29 per cent y-o-y to Rs 0.42 crore, while Taxation decreased by 314.29 per cent at Rs -0.45 crore (Dec'24 Rs 0.21 crore).