The company reported standalone net loss during the quarter stood at Rs 0.36 crore compared to net profit of Rs 0.17 crore in the previous year quarter.ÿ
Net revenue of the company rose substantially by 22.97 per cent at Rs 7.71 crore in October-December quarter of this fiscal as against Rs 6.27 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 6.99 per cent to Rs 6.43 crore from Rs 6.01 crore in year ago period.
Other Income dipped by 88.89 per cent at Rs 0.02 crore versus (Dec'23 Rs 0.18 crore).
Operating Profit surged by 392.31 per cent to Rs 1.28 crore as against Rs 0.26 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 300.24 per cent in December quarter.
Interest grew by 142.86 per cent y-o-y to Rs 0.17 crore, while Taxation increased by 126.32 per cent at Rs 0.43 crore (Dec'23 Rs 0.19 crore).