The company reported standalone net loss during the quarter stood at Rs 2.52 crore as compared to net loss of Rs 21.37 crore in the previous year quarter.

Net revenue of the company rose moderately by 16.76 per cent at Rs 2.02 crore in January-March quarter of this fiscal as against Rs 1.73 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 92.63 per cent to Rs 2.15 crore from Rs 29.17 crore in year ago period.

Other Income dipped by 85.71 per cent at Rs 0.02 crore versus (Mar'24 Rs 0.14 crore).

Operating Profit slipped by 99.53 per cent to Rs -0.13 crore as against Rs -27.44 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 99.60 per cent in March quarter.

Interest grew by 0.55 per cent y-o-y to Rs 1.84 crore, while Taxation increased by 101.69 per cent at Rs 0.14 crore (Mar'24 Rs -8.30 crore).