The company reported standalone net loss during the quarter stood at Rs 3.33 crore as compared to net loss of Rs 3.19 crore in the previous year quarter.
Net revenue of the company rose moderately by 16.21 per cent at Rs 83.57 crore in October-December quarter of this fiscal as against Rs 71.91 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 18.07 per cent to Rs 79.34 crore from Rs 67.20 crore in year ago period.
Other Income dipped by 53.57 per cent at Rs 0.13 crore versus (Dec'23 Rs 0.28 crore).
Operating Profit slipped by 10.19 per cent to Rs 4.23 crore as against Rs 4.71 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 22.75 per cent in December quarter.
Interest grew by 3.82 per cent y-o-y to Rs 4.89 crore, while Taxation increased by 4.67 per cent at Rs -1.12 crore (Dec'23 Rs -1.07 crore).