The company reported standalone net loss during the quarter stood at Rs 21.58 crore as compared to net loss of Rs 12.08 crore in the previous year quarter.

Net revenue of the company declined substantially by 23.49 per cent at Rs 11.14 crore in January-March quarter of this fiscal as against Rs 14.56 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 18.62 per cent to Rs 30.28 crore from Rs 37.21 crore in year ago period.

Other Income dipped by 77.90 per cent at Rs 2.84 crore versus (Mar'25 Rs 12.85 crore).

Operating Profit slipped by 15.46 per cent to Rs -19.14 crore as against Rs -22.64 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 10.49 per cent in March quarter.

Interest grew by 26.15 per cent y-o-y to Rs 1.64 crore, while Taxation increased by 131.76 per cent at Rs 1.97 crore (Mar'25 Rs 0.85 crore).