The company reported standalone net loss during the quarter stood at Rs 1.58 crore compared to net profit of Rs 0.63 crore in the previous year quarter.ÿ
Net revenue of the company declined substantially by 31.06 per cent at Rs 6.48 crore in January-March quarter of this fiscal as against Rs 9.40 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 0.49 per cent to Rs 8.08 crore from Rs 8.12 crore in year ago period.
Other Income grew by 0.00 per cent at Rs 0.25 crore versus (Mar'24 Rs 0.00 crore).
Operating Profit slipped by 225.00 per cent to Rs -1.60 crore as against Rs 1.28 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 280.91 per cent in March quarter.
Interest grew by 0.00 per cent y-o-y to Rs 0.01 crore, while Taxation decreased by 221.43 per cent at Rs -0.34 crore (Mar'24 Rs 0.28 crore).