The company reported standalone net loss during the quarter stood at Rs 1.73 crore as compared to net loss of Rs 0.03 crore in the previous year quarter.

Net revenue of the company rose moderately by 7.34 per cent at Rs 6.29 crore in January-March quarter of this fiscal as against Rs 5.86 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 62.93 per cent to Rs 8.44 crore from Rs 5.18 crore in year ago period.

Other Income grew by 17.86 per cent at Rs -0.33 crore versus (Mar'24 Rs -0.28 crore).

Operating Profit slipped by 416.18 per cent to Rs -2.15 crore as against Rs 0.68 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 395.52 per cent in March quarter.

Interest declined by 12.50 per cent y-o-y to Rs 0.21 crore, while Taxation decreased by 676.47 per cent at Rs -0.98 crore (Mar'24 Rs 0.17 crore).