The company reported standalone net loss during the quarter stood at Rs 40.05 crore as compared to net loss of Rs 41.53 crore in the previous year quarter.

Net revenue of the company declined substantially by 89.86 per cent at Rs 2.84 crore in January-March quarter of this fiscal as against Rs 28.01 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 84.03 per cent to Rs 5.08 crore from Rs 31.80 crore in year ago period.

Other Income grew by 104.69 per cent at Rs 0.12 crore versus (Mar'24 Rs -2.56 crore).

Operating Profit slipped by 40.90 per cent to Rs -2.24 crore as against Rs -3.79 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 481.52 per cent in March quarter.

Interest grew by 20.80 per cent y-o-y to Rs 18.35 crore