The company reported standalone net loss during the quarter stood at Rs 22.45 crore as compared to net loss of Rs 4.70 crore in the previous year quarter.
Net revenue of the company declined substantially by 26.03 per cent at Rs 17.82 crore in January-March quarter of this fiscal as against Rs 24.09 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 24.17 per cent to Rs 17.13 crore from Rs 22.59 crore in year ago period.
Other Income dipped by 34.51 per cent at Rs 1.48 crore versus (Mar'24 Rs 2.26 crore).
Operating Profit slipped by 54.00 per cent to Rs 0.69 crore as against Rs 1.50 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 38.16 per cent in March quarter.
Interest grew by 117.60 per cent y-o-y to Rs 7.79 crore