The company reported standalone net loss during the quarter stood at Rs 10.08 crore compared to net profit of Rs 0.44 crore in the previous year quarter.ÿ
Net revenue of the company rose three fold by 6900.00 per cent at Rs 1.40 crore in October-December quarter of this fiscal as against Rs 0.02 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 11690.91 per cent to Rs 12.97 crore from Rs 0.11 crore in year ago period.
Other Income grew by 116.98 per cent at Rs 1.15 crore versus (Dec'23 Rs 0.53 crore).
Operating Profit surged by 12755.56 per cent to Rs -11.57 crore as against Rs -0.09 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 92.03 per cent in December quarter.
Taxation increased by 0.00 per cent at Rs -0.34 crore (Dec'23 Rs 0.00 crore).