The company reported standalone net loss during the quarter stood at Rs 5.44 crore as compared to net loss of Rs 3.55 crore in the previous year quarter.
Net revenue of the company rose two fold by 280.81 per cent at Rs 3.77 crore in October-December quarter of this fiscal as against Rs 0.99 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 81.66 per cent to Rs 7.23 crore from Rs 3.98 crore in year ago period.
Operating Profit surged by 15.72 per cent to Rs -3.46 crore as against Rs -2.99 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 69.51 per cent in December quarter.
Interest grew by 352.78 per cent y-o-y to Rs 1.63 crore, while Taxation increased by 16.67 per cent at Rs -0.14 crore (Dec'23 Rs -0.12 crore).