India, Feb. 13 -- The company reported standalone net loss during the quarter stood at Rs 1.09 crore as compared to net loss of Rs 0.32 crore in the previous year quarter.
Net revenue of the company declined substantially by 61.85 per cent at Rs 14.08 crore in October-December quarter of this fiscal as against Rs 36.91 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 61.23 per cent to Rs 14.11 crore from Rs 36.39 crore in year ago period.
Operating Profit slipped by 105.77 per cent to Rs -0.03 crore as against Rs 0.52 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 113.48 per cent in December quarter.
Interest declined by 2.53 per cen...