The company reported standalone net loss during the quarter stood at Rs 8.41 crore compared to net profit of Rs 0.14 crore in the previous year quarter.ÿ
Net revenue of the company rose substantially by 33.61 per cent at Rs 15.94 crore in October-December quarter of this fiscal as against Rs 11.93 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 109.54 per cent to Rs 23.95 crore from Rs 11.43 crore in year ago period.
Other Income grew by 820.00 per cent at Rs 0.46 crore versus (Dec'23 Rs 0.05 crore).
Operating Profit slipped by 1700.00 per cent to Rs -8.00 crore as against Rs 0.50 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1303.84 per cent in December quarter.
Interest grew by 133.33 per cent y-o-y to Rs 0.77 crore