India, Feb. 13 -- The company reported standalone net loss during the quarter stood at Rs 3.08 crore as compared to net loss of Rs 9.33 crore in the previous year quarter.
Net revenue of the company declined substantially by 39.22 per cent at Rs 28.81 crore in October-December quarter of this fiscal as against Rs 47.40 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 43.79 per cent to Rs 31.89 crore from Rs 56.73 crore in year ago period.
Operating Profit slipped by 66.99 per cent to Rs -3.08 crore as against Rs -9.33 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 45.76 per cent in December quarter.
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