The company reported standalone net loss during the quarter stood at Rs 0.55 crore compared to net profit of Rs 0.51 crore in the previous year quarter.ÿ
Net revenue of the company rose substantially by 32.45 per cent at Rs 8.98 crore in October-December quarter of this fiscal as against Rs 6.78 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 71.09 per cent to Rs 10.95 crore from Rs 6.40 crore in year ago period.
Other Income grew by 1175.00 per cent at Rs 2.04 crore versus (Dec'23 Rs 0.16 crore).
Operating Profit slipped by 618.42 per cent to Rs -1.97 crore as against Rs 0.38 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 489.36 per cent in December quarter.
Interest grew by 6000.00 per cent y-o-y to Rs 0.61 crore