The company reported standalone net loss during the quarter stood at Rs 6.69 crore compared to net profit of Rs 0.12 crore in the previous year quarter.ÿ
Net revenue of the company rose three fold by 3607.78 per cent at Rs 33.37 crore in October-December quarter of this fiscal as against Rs 0.90 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 6953.33 per cent to Rs 42.32 crore from Rs 0.60 crore in year ago period.
Other Income grew by 0.00 per cent at Rs 4.30 crore versus (Dec'23 Rs 0.00 crore).
Operating Profit slipped by 3083.33 per cent to Rs -8.95 crore as against Rs 0.30 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 180.73 per cent in December quarter.
Interest grew by 1573.68 per cent y-o-y to Rs 3.18 crore, while Taxation increased by 11200.00 per cent at Rs -1.13 crore (Dec'23 Rs -0.01 crore).