The company reported standalone net loss during the quarter stood at Rs 1.32 crore as compared to net loss of Rs 0.45 crore in the previous year quarter.

Net revenue of the company declined moderately by 15.17 per cent at Rs 19.18 crore in October-December quarter of this fiscal as against Rs 22.61 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 12.12 per cent to Rs 18.70 crore from Rs 21.28 crore in year ago period.

Other Income dipped by 9.52 per cent at Rs 0.38 crore versus (Dec'24 Rs 0.42 crore).

Operating Profit slipped by 63.91 per cent to Rs 0.48 crore as against Rs 1.33 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 57.48 per cent in December quarter.

Interest grew by 1.72 per cent y-o-y to Rs 1.18 crore, while Taxation increased by 266.67 per cent at Rs -0.44 crore (Dec'24 Rs -0.12 crore).