The company reported standalone net loss during the quarter stood at Rs 1.47 crore as compared to net loss of Rs 0.21 crore in the previous year quarter.
Net revenue of the company declined substantially by 27.97 per cent at Rs 27.25 crore in January-March quarter of this fiscal as against Rs 37.83 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 20.60 per cent to Rs 30.75 crore from Rs 38.73 crore in year ago period.
Other Income dipped by 72.33 per cent at Rs 0.44 crore versus (Mar'24 Rs 1.59 crore).
Operating Profit surged by 288.89 per cent to Rs -3.50 crore as against Rs -0.90 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 441.35 per cent in March quarter.
Interest grew by 0.00 per cent y-o-y to Rs 0.08 crore, while Taxation increased by 128.21 per cent at Rs -0.89 crore (Mar'24 Rs -0.39 crore).