The company reported standalone net loss during the quarter stood at Rs 0.02 crore compared to net profit of Rs 0.20 crore in the previous year quarter.ÿ

Net revenue of the company declined substantially by 54.28 per cent at Rs 4.59 crore in January-March quarter of this fiscal as against Rs 10.04 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 42.55 per cent to Rs 5.59 crore from Rs 9.73 crore in year ago period.

Other Income grew by 237.50 per cent at Rs 1.35 crore versus (Mar'24 Rs 0.40 crore).

Operating Profit slipped by 422.58 per cent to Rs -1.00 crore as against Rs 0.31 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 808.12 per cent in March quarter.

Interest declined by 92.00 per cent y-o-y to Rs 0.02 crore, while Taxation increased by 150.00 per cent at Rs 0.02 crore (Mar'24 Rs -0.04 crore).