The company reported standalone net loss during the quarter stood at Rs 0.43 crore as compared to net loss of Rs 2.23 crore in the previous year quarter.
Net revenue of the company declined moderately by 13.42 per cent at Rs 24.20 crore in October-December quarter of this fiscal as against Rs 27.95 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 16.61 per cent to Rs 23.64 crore from Rs 28.35 crore in year ago period.
Other Income grew by 66.67 per cent at Rs 0.30 crore versus (Dec'23 Rs 0.18 crore).
Operating Profit surged by 243.59 per cent to Rs 0.56 crore as against Rs -0.39 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 265.00 per cent in December quarter.
Interest declined by 34.44 per cent y-o-y to Rs 0.59 crore