The company reported standalone net loss during the quarter stood at Rs 1.86 crore as compared to net loss of Rs 4.96 crore in the previous year quarter.

Net revenue of the company declined moderately by 10.48 per cent at Rs 51.09 crore in October-December quarter of this fiscal as against Rs 57.07 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 15.74 per cent to Rs 48.92 crore from Rs 58.06 crore in year ago period.

Operating Profit surged by 319.19 per cent to Rs 2.17 crore as against Rs -0.99 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 345.66 per cent in December quarter.

Interest grew by 3.51 per cent y-o-y to Rs 1.18 crore, while Taxation increased by 7.59 per cent at Rs 1.70 crore (Dec'24 Rs 1.58 crore).