The company reported standalone net loss during the quarter stood at Rs 0.21 crore compared to net profit of Rs 1.49 crore in the previous year quarter.ÿ

Net revenue of the company rose moderately by 7.98 per cent at Rs 13.94 crore in January-March quarter of this fiscal as against Rs 12.91 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 13.50 per cent to Rs 13.45 crore from Rs 11.85 crore in year ago period.

Other Income dipped by 87.86 per cent at Rs 0.17 crore versus (Mar'24 Rs 1.40 crore).

Operating Profit slipped by 53.77 per cent to Rs 0.49 crore as against Rs 1.06 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 57.16 per cent in March quarter.

Interest declined by 15.00 per cent y-o-y to Rs 0.34 crore, while Taxation decreased by 283.33 per cent at Rs -0.11 crore (Mar'24 Rs 0.06 crore).