The company reported standalone net loss during the quarter stood at Rs 4.39 crore as compared to net loss of Rs 4.03 crore in the previous year quarter.
Net revenue of the company declined moderately by 7.49 per cent at Rs 26.18 crore in January-March quarter of this fiscal as against Rs 28.30 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 5.29 per cent to Rs 29.70 crore from Rs 31.36 crore in year ago period.
Other Income grew by 23.81 per cent at Rs 0.26 crore versus (Mar'24 Rs 0.21 crore).
Operating Profit surged by 15.03 per cent to Rs -3.52 crore as against Rs -3.06 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 24.21 per cent in March quarter.
Interest declined by 28.99 per cent y-o-y to Rs 0.49 crore, while Taxation increased by 0.00 per cent at Rs 0.18 crore (Mar'24 Rs 0.00 crore).