The company reported standalone net loss during the quarter stood at Rs 13.19 crore compared to net profit of Rs 1.98 crore in the previous year quarter.ÿ

Net revenue of the company declined substantially by 54.72 per cent at Rs 15.02 crore in January-March quarter of this fiscal as against Rs 33.17 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 2.34 per cent to Rs 30.23 crore from Rs 29.54 crore in year ago period.

Other Income grew by 16.33 per cent at Rs 0.57 crore versus (Mar'25 Rs 0.49 crore).

Operating Profit slipped by 517.86 per cent to Rs -15.21 crore as against Rs 3.64 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1024.09 per cent in March quarter.

Interest grew by 71.43 per cent y-o-y to Rs 1.20 crore, while Taxation decreased by 350.89 per cent at Rs -2.81 crore (Mar'25 Rs 1.12 crore).