The company reported standalone net loss during the quarter stood at Rs 0.27 crore compared to net profit of Rs 0.23 crore in the previous year quarter.ÿ
Net revenue of the company declined moderately by 8.71 per cent at Rs 3.04 crore in January-March quarter of this fiscal as against Rs 3.33 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 5.28 per cent to Rs 2.69 crore from Rs 2.84 crore in year ago period.
Other Income grew by 23.08 per cent at Rs 0.16 crore versus (Mar'24 Rs 0.13 crore).
Operating Profit slipped by 32.00 per cent to Rs 0.34 crore as against Rs 0.50 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 24.40 per cent in March quarter.
Taxation increased by 105.56 per cent at Rs 0.74 crore (Mar'24 Rs 0.36 crore).