The company reported standalone net loss during the quarter stood at Rs 1.01 crore compared to net profit of Rs 2.24 crore in the previous year quarter.ÿ
Net revenue of the company declined marginally by 3.28 per cent at Rs 7.96 crore in October-December quarter of this fiscal as against Rs 8.23 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 18.62 per cent to Rs 8.96 crore from Rs 11.01 crore in year ago period.
Other Income grew by 1740.00 per cent at Rs 0.92 crore versus (Dec'23 Rs 0.05 crore).
Operating Profit slipped by 64.03 per cent to Rs -1.00 crore as against Rs -2.78 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 62.89 per cent in December quarter.
Interest grew by 93.33 per cent y-o-y to Rs 0.58 crore