The company reported standalone net loss during the quarter stood at Rs 6.33 crore as compared to net loss of Rs 5.82 crore in the previous year quarter.

Net revenue of the company rose moderately by 12.44 per cent at Rs 4.79 crore in October-December quarter of this fiscal as against Rs 4.26 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 0.54 per cent to Rs 13.03 crore from Rs 12.96 crore in year ago period.

Operating Profit slipped by 5.29 per cent to Rs -8.24 crore as against Rs -8.70 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 15.88 per cent in December quarter.

Taxation increased by 9.22 per cent at Rs -2.25 crore (Dec'23 Rs -2.06 crore).