The company reported standalone net loss during the quarter stood at Rs 0.45 crore as compared to net loss of Rs 1.39 crore in the previous year quarter.
Net revenue of the company rose moderately by 6.00 per cent at Rs 22.61 crore in October-December quarter of this fiscal as against Rs 21.33 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 2.31 per cent to Rs 21.28 crore from Rs 20.80 crore in year ago period.
Other Income dipped by 46.84 per cent at Rs 0.42 crore versus (Dec'23 Rs 0.79 crore).
Operating Profit surged by 150.94 per cent to Rs 1.33 crore as against Rs 0.53 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 137.10 per cent in December quarter.
Interest declined by 39.58 per cent y-o-y to Rs 1.16 crore, while Taxation decreased by 72.09 per cent at Rs -0.12 crore (Dec'23 Rs -0.43 crore).