The company reported standalone net loss during the quarter stood at Rs 1.88 crore compared to net profit of Rs 14.08 crore in the previous year quarter.ÿ

Net revenue of the company declined substantially by 54.62 per cent at Rs 7.27 crore in January-March quarter of this fiscal as against Rs 16.02 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 8.13 per cent to Rs 21.02 crore from Rs 22.88 crore in year ago period.

Other Income grew by 3.71 per cent at Rs 15.10 crore versus (Mar'24 Rs 14.56 crore).

Operating Profit surged by 100.44 per cent to Rs -13.75 crore as against Rs -6.86 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 341.69 per cent in March quarter.

Interest grew by 0.00 per cent y-o-y to Rs 0.04 crore, while Taxation increased by 140.86 per cent at Rs 2.84 crore (Mar'24 Rs -6.95 crore).