The company reported standalone net loss during the quarter stood at Rs 29.15 crore as compared to net loss of Rs 16.89 crore in the previous year quarter.

Net revenue of the company rose moderately by 10.70 per cent at Rs 76.76 crore in October-December quarter of this fiscal as against Rs 69.34 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 9.53 per cent to Rs 55.53 crore from Rs 50.70 crore in year ago period.

Other Income dipped by 96.58 per cent at Rs 0.04 crore versus (Dec'22 Rs 1.17 crore).

Operating Profit surged by 13.83 per cent to Rs 21.23 crore as against Rs 18.65 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 2.86 per cent in December quarter.

Interest grew by 44.75 per cent y-o-y to Rs 44.90 crore