The company reported standalone net loss during the quarter stood at Rs 0.39 crore compared to net profit of Rs 0.26 crore in the previous year quarter.ÿ

Net revenue of the company rose by 5.47 per cent at Rs 2.12 crore in January-March quarter of this fiscal as against Rs 2.01 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 95.18 per cent to Rs 1.62 crore from Rs 0.83 crore in year ago period.

Other Income grew by 192.31 per cent at Rs 0.38 crore versus (Mar'23 Rs 0.13 crore).

Operating Profit slipped by 57.63 per cent to Rs 0.50 crore as against Rs 1.18 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 59.85 per cent in March quarter.

Interest grew by 41.27 per cent y-o-y to Rs 0.89 crore, while Taxation decreased by 66.67 per cent at Rs 0.01 crore (Mar'23 Rs 0.03 crore).