The company reported standalone net loss during the quarter stood at Rs 0.89 crore compared to net profit of Rs 4.91 crore in the previous year quarter.ÿ

Net revenue of the company declined substantially by 41.12 per cent at Rs 41.25 crore in January-March quarter of this fiscal as against Rs 70.06 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 34.55 per cent to Rs 40.57 crore from Rs 61.99 crore in year ago period.

Other Income dipped by 15.60 per cent at Rs 1.19 crore versus (Mar'25 Rs 1.41 crore).

Operating Profit slipped by 91.57 per cent to Rs 0.68 crore as against Rs 8.07 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 85.68 per cent in March quarter.

Interest declined by 46.34 per cent y-o-y to Rs 0.22 crore, while Taxation decreased by 100.62 per cent at Rs -0.01 crore (Mar'25 Rs 1.62 crore).