The company reported standalone net loss during the quarter stood at Rs 0.54 crore compared to net profit of Rs 0.06 crore in the previous year quarter.ÿ

Net revenue of the company declined substantially by 74.39 per cent at Rs 1.58 crore in January-March quarter of this fiscal as against Rs 6.17 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 44.69 per cent to Rs 3.54 crore from Rs 6.40 crore in year ago period.

Other Income grew by 231.11 per cent at Rs 1.49 crore versus (Mar'23 Rs 0.45 crore).

Operating Profit surged by 752.17 per cent to Rs -1.96 crore as against Rs -0.23 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 3243.40 per cent in March quarter.

Interest grew by 75.00 per cent y-o-y to Rs 0.21 crore, while Taxation decreased by 900.00 per cent at Rs -0.16 crore (Mar'23 Rs 0.02 crore).