The company reported standalone net loss during the quarter stood at Rs 1.00 crore as compared to net loss of Rs 109.98 crore in the previous year quarter.

Net revenue of the company rose moderately by 16.64 per cent at Rs 8.97 crore in January-March quarter of this fiscal as against Rs 7.69 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 18.88 per cent to Rs 6.49 crore from Rs 8.00 crore in year ago period.

Other Income dipped by 95.77 per cent at Rs 0.32 crore versus (Mar'24 Rs 7.57 crore).

Operating Profit surged by 900.00 per cent to Rs 2.48 crore as against Rs -0.31 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 797.23 per cent in March quarter.

Interest declined by 7.35 per cent y-o-y to Rs 0.63 crore, while Taxation decreased by 98.96 per cent at Rs 0.02 crore (Mar'24 Rs 1.92 crore).