The company reported standalone net loss during the quarter stood at Rs 5.35 crore as compared to net loss of Rs 15.14 crore in the previous year quarter.
Net revenue of the company declined moderately by 12.85 per cent at Rs 11.33 crore in January-March quarter of this fiscal as against Rs 13.00 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 9.76 per cent to Rs 9.52 crore from Rs 10.55 crore in year ago period.
Other Income grew by 208.51 per cent at Rs 1.45 crore versus (Mar'24 Rs 0.47 crore).
Operating Profit slipped by 26.12 per cent to Rs 1.81 crore as against Rs 2.45 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 15.30 per cent in March quarter.
Interest declined by 2.42 per cent y-o-y to Rs 8.87 crore