The company reported standalone net loss during the quarter stood at Rs 2.95 crore as compared to net loss of Rs 3.21 crore in the previous year quarter.
Net revenue of the company rose marginally by 1.94 per cent at Rs 92.25 crore in October-December quarter of this fiscal as against Rs 90.49 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 2.12 per cent to Rs 88.79 crore from Rs 86.95 crore in year ago period.
Other Income dipped by 20.03 per cent at Rs 4.87 crore versus (Dec'17 Rs 6.09 crore).
Operating Profit slipped by 2.26 per cent to Rs 3.46 crore as against Rs 3.54 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 4.09 per cent in December quarter.
Interest grew by 1.04 per cent y-o-y to Rs 4.84 crore, while Taxation increased by 183.33 per cent at Rs 0.17 crore (Dec'17 Rs 0.06 crore).