The company reported standalone net loss during the quarter stood at Rs 0.39 crore compared to net profit of Rs 0.02 crore in the previous year quarter.ÿ

Net revenue of the company declined marginally by 3.12 per cent at Rs 33.26 crore in October-December quarter of this fiscal as against Rs 34.33 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 0.41 per cent to Rs 31.79 crore from Rs 31.92 crore in year ago period.

Other Income grew by 283.33 per cent at Rs 0.23 crore versus (Dec'23 Rs 0.06 crore).

Operating Profit slipped by 39.00 per cent to Rs 1.47 crore as against Rs 2.41 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 37.27 per cent in December quarter.

Interest declined by 40.11 per cent y-o-y to Rs 1.06 crore, while Taxation increased by 144.00 per cent at Rs 0.61 crore (Dec'23 Rs 0.25 crore).