The company reported standalone net loss during the quarter stood at Rs 3.11 crore as compared to net loss of Rs 5.01 crore in the previous year quarter.

Net revenue of the company rose two fold by 236.87 per cent at Rs 6.03 crore in January-March quarter of this fiscal as against Rs 1.79 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 60.55 per cent to Rs 10.58 crore from Rs 6.59 crore in year ago period.

Other Income dipped by 25.00 per cent at Rs 0.03 crore versus (Mar'22 Rs 0.04 crore).

Operating Profit slipped by 5.42 per cent to Rs -4.54 crore as against Rs -4.80 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 71.86 per cent in March quarter.

Interest declined by 1672.73 per cent y-o-y to Rs -1.73 crore, while Taxation increased by 0.00 per cent at Rs 0.20 crore (Mar'22 Rs 0.00 crore).