The company reported standalone net loss during the quarter stood at Rs 0.26 crore compared to net profit of Rs 0.15 crore in the previous year quarter.ÿ

Net revenue of the company rose three fold by 336.96 per cent at Rs 8.04 crore in October-December quarter of this fiscal as against Rs 1.84 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 447.65 per cent to Rs 8.16 crore from Rs 1.49 crore in year ago period.

Operating Profit slipped by 134.29 per cent to Rs -0.12 crore as against Rs 0.35 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 107.75 per cent in December quarter.