The company reported standalone net loss during the quarter stood at Rs 0.10 crore as compared to net loss of Rs 0.20 crore in the previous year quarter.

Net revenue of the company declined moderately by 14.09 per cent at Rs 14.51 crore in January-March quarter of this fiscal as against Rs 16.89 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 2.84 per cent to Rs 14.48 crore from Rs 14.08 crore in year ago period.

Other Income dipped by 3.31 per cent at Rs 1.17 crore versus (Mar'24 Rs 1.21 crore).

Operating Profit slipped by 98.58 per cent to Rs 0.04 crore as against Rs 2.81 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 98.49 per cent in March quarter.

Interest declined by 88.16 per cent y-o-y to Rs 0.36 crore, while Taxation decreased by 14.04 per cent at Rs 0.49 crore (Mar'24 Rs 0.57 crore).