The company reported standalone net loss during the quarter stood at Rs 0.48 crore as compared to net loss of Rs 1.73 crore in the previous year quarter.
Net revenue of the company rose marginally by 4.26 per cent at Rs 2.69 crore in January-March quarter of this fiscal as against Rs 2.58 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 175.10 per cent to Rs 7.07 crore from Rs 2.57 crore in year ago period.
Other Income grew by 83.99 per cent at Rs 8.85 crore versus (Mar'24 Rs 4.81 crore).
Operating Profit slipped by 43900.00 per cent to Rs -4.38 crore as against Rs 0.01 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 41851.28 per cent in March quarter.
Interest declined by 48.27 per cent y-o-y to Rs 1.79 crore, while Taxation increased by 342.86 per cent at Rs 1.55 crore (Mar'24 Rs 0.35 crore).