The company reported standalone net loss during the quarter stood at Rs 5.02 crore as compared to net loss of Rs 4.07 crore in the previous year quarter.
Net revenue of the company declined substantially by 35.11 per cent at Rs 4.86 crore in January-March quarter of this fiscal as against Rs 7.49 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 24.52 per cent to Rs 11.33 crore from Rs 15.01 crore in year ago period.
Other Income dipped by 94.59 per cent at Rs 0.16 crore versus (Mar'24 Rs 2.96 crore).
Operating Profit slipped by 13.85 per cent to Rs -6.47 crore as against Rs -7.51 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 32.79 per cent in March quarter.
Taxation increased by 30.40 per cent at Rs -1.63 crore (Mar'24 Rs -1.25 crore).