The company reported standalone net loss during the quarter stood at Rs 14.39 crore as compared to net loss of Rs 33.51 crore in the previous year quarter.
Net revenue of the company declined substantially by 41.10 per cent at Rs 27.20 crore in January-March quarter of this fiscal as against Rs 46.18 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 44.71 per cent to Rs 31.63 crore from Rs 57.21 crore in year ago period.
Other Income dipped by 78.91 per cent at Rs 0.27 crore versus (Mar'24 Rs 1.28 crore).
Operating Profit slipped by 59.84 per cent to Rs -4.43 crore as against Rs -11.03 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 31.81 per cent in March quarter.
Interest declined by 43.71 per cent y-o-y to Rs 3.40 crore