The company reported standalone net loss during the quarter stood at Rs 2.46 crore compared to net profit of Rs 1.95 crore in the previous year quarter.ÿ

Net revenue of the company declined substantially by 49.63 per cent at Rs 17.57 crore in October-December quarter of this fiscal as against Rs 34.88 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 38.05 per cent to Rs 19.98 crore from Rs 32.25 crore in year ago period.

Other Income grew by 50.00 per cent at Rs 0.06 crore versus (Dec'21 Rs 0.04 crore).

Operating Profit slipped by 191.63 per cent to Rs -2.41 crore as against Rs 2.63 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 282.23 per cent in December quarter.

Interest grew by 100.00 per cent y-o-y to Rs 0.04 crore