The company reported standalone net loss during the quarter stood at Rs 9.66 crore as compared to net loss of Rs 8.89 crore in the previous year quarter.

Net revenue of the company declined substantially by 20.29 per cent at Rs 7.62 crore in January-March quarter of this fiscal as against Rs 9.56 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 5.56 per cent to Rs 17.00 crore from Rs 18.00 crore in year ago period.

Other Income dipped by 20.59 per cent at Rs 0.54 crore versus (Mar'25 Rs 0.68 crore).

Operating Profit surged by 11.14 per cent to Rs -9.38 crore as against Rs -8.44 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 39.29 per cent in March quarter.

Interest declined by 23.75 per cent y-o-y to Rs 0.61 crore, while Taxation increased by 23.08 per cent at Rs -0.32 crore (Mar'25 Rs -0.26 crore).