The company reported standalone net loss during the quarter stood at Rs 0.89 crore compared to net profit of Rs 3.97 crore in the previous year quarter.ÿ

Net revenue of the company declined moderately by 12.48 per cent at Rs 4.56 crore in January-March quarter of this fiscal as against Rs 5.21 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 7.98 per cent to Rs 6.80 crore from Rs 7.39 crore in year ago period.

Other Income dipped by 33.33 per cent at Rs 2.02 crore versus (Mar'24 Rs 3.03 crore).

Operating Profit surged by 2.75 per cent to Rs -2.24 crore as against Rs -2.18 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 17.41 per cent in March quarter.

Taxation decreased by 82.56 per cent at Rs 0.15 crore (Mar'24 Rs 0.86 crore).