The company reported standalone net loss during the quarter stood at Rs 0.34 crore as compared to net loss of Rs 2.25 crore in the previous year quarter.

Net revenue of the company declined substantially by 51.70 per cent at Rs 2.55 crore in January-March quarter of this fiscal as against Rs 5.28 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 60.40 per cent to Rs 3.18 crore from Rs 8.03 crore in year ago period.

Other Income dipped by 120.00 per cent at Rs -0.09 crore versus (Mar'24 Rs 0.45 crore).

Operating Profit slipped by 77.01 per cent to Rs -0.63 crore as against Rs -2.74 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 52.59 per cent in March quarter.

Taxation decreased by 13.64 per cent at Rs 0.19 crore (Mar'24 Rs 0.22 crore).