The company reported standalone net loss during the quarter stood at Rs 3.53 crore as compared to net loss of Rs 5.11 crore in the previous year quarter.

Net revenue of the company rose substantially by 50.08 per cent at Rs 28.20 crore in October-December quarter of this fiscal as against Rs 18.79 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 36.20 per cent to Rs 29.50 crore from Rs 21.66 crore in year ago period.

Other Income grew by 12.07 per cent at Rs -0.65 crore versus (Dec'24 Rs -0.58 crore).

Operating Profit slipped by 54.70 per cent to Rs -1.30 crore as against Rs -2.87 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 69.81 per cent in December quarter.

Interest declined by 2.86 per cent y-o-y to Rs 1.02 crore, while Taxation increased by 42.86 per cent at Rs -0.10 crore (Dec'24 Rs -0.07 crore).