India, Feb. 14 -- The company reported standalone net loss during the quarter stood at Rs 15.99 crore as compared to net loss of Rs 27.93 crore in the previous year quarter.

Net revenue of the company declined substantially by 61.73 per cent at Rs 4.52 crore in October-December quarter of this fiscal as against Rs 11.81 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 61.43 per cent to Rs 6.92 crore from Rs 17.94 crore in year ago period.

Other Income dipped by 99.24 per cent at Rs 0.05 crore versus (Dec'23 Rs 6.58 crore).

Operating Profit slipped by 60.85 per cent to Rs -2.40 crore as against Rs -6.13 crore in the year ago period, while Operating Profit Margin (OPM) contracted ...