The company reported standalone net loss during the quarter stood at Rs 6.16 crore as compared to net loss of Rs 2.15 crore in the previous year quarter.

Net revenue of the company declined substantially by 83.21 per cent at Rs 1.81 crore in January-March quarter of this fiscal as against Rs 10.78 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 52.60 per cent to Rs 4.74 crore from Rs 10.00 crore in year ago period.

Other Income grew by 1100.00 per cent at Rs 0.84 crore versus (Mar'24 Rs 0.07 crore).

Operating Profit slipped by 475.64 per cent to Rs -2.93 crore as against Rs 0.78 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 2336.20 per cent in March quarter.

Interest declined by 63.33 per cent y-o-y to Rs 0.11 crore