The company reported standalone net loss during the quarter stood at Rs 0.70 crore as compared to net loss of Rs 2.13 crore in the previous year quarter.
Net revenue of the company rose triple digit by 124.93 per cent at Rs 31.67 crore in October-December quarter of this fiscal as against Rs 14.08 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 128.23 per cent to Rs 31.29 crore from Rs 13.71 crore in year ago period.
Other Income dipped by 7.69 per cent at Rs 0.12 crore versus (Dec'23 Rs 0.13 crore).
Operating Profit surged by 0.00 per cent to Rs 0.38 crore as against Rs 0.38 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 55.76 per cent in December quarter.
Interest declined by 62.72 per cent y-o-y to Rs 0.63 crore, while Taxation increased by 0.00 per cent at Rs -0.37 crore (Dec'23 Rs 0.00 crore).