The company reported standalone net loss during the quarter stood at Rs 2.20 crore as compared to net loss of Rs 0.99 crore in the previous year quarter.

Net revenue of the company declined substantially by 54.68 per cent at Rs 3.97 crore in January-March quarter of this fiscal as against Rs 8.76 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 47.71 per cent to Rs 5.36 crore from Rs 10.25 crore in year ago period.

Operating Profit slipped by 7.38 per cent to Rs -1.38 crore as against Rs -1.49 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 104.71 per cent in March quarter.

Taxation increased by 262.00 per cent at Rs 0.81 crore (Mar'25 Rs -0.50 crore).