The company reported standalone net loss during the quarter stood at Rs 3.17 crore as compared to net loss of Rs 3.72 crore in the previous year quarter.

Net revenue of the company rose substantially by 76.06 per cent at Rs 1.25 crore in October-December quarter of this fiscal as against Rs 0.71 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 42.26 per cent to Rs 7.54 crore from Rs 5.30 crore in year ago period.

Other Income dipped by 15.14 per cent at Rs 2.97 crore versus (Dec'23 Rs 3.50 crore).

Operating Profit surged by 36.82 per cent to Rs -6.28 crore as against Rs -4.59 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 22.97 per cent in December quarter.

Interest declined by 5.88 per cent y-o-y to Rs 0.16 crore, while Taxation decreased by 161.45 per cent at Rs -1.02 crore (Dec'23 Rs 1.66 crore).