The company reported standalone net loss during the quarter stood at Rs 5.74 crore compared to net profit of Rs 3.20 crore in the previous year quarter.ÿ

Net revenue of the company declined marginally by 1.71 per cent at Rs 69.93 crore in January-March quarter of this fiscal as against Rs 71.15 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 14.50 per cent to Rs 76.18 crore from Rs 66.53 crore in year ago period.

Other Income grew by 6.45 per cent at Rs 0.99 crore versus (Mar'24 Rs 0.93 crore).

Operating Profit slipped by 235.21 per cent to Rs -6.26 crore as against Rs 4.63 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 237.54 per cent in March quarter.

Interest declined by 18.52 per cent y-o-y to Rs 1.32 crore, while Taxation decreased by 2650.00 per cent at Rs -1.53 crore (Mar'24 Rs 0.06 crore).