The company reported standalone net loss during the quarter stood at Rs 1.74 crore as compared to net loss of Rs 0.22 crore in the previous year quarter.
Net revenue of the company rose moderately by 12.98 per cent at Rs 17.67 crore in January-March quarter of this fiscal as against Rs 15.64 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 18.97 per cent to Rs 20.07 crore from Rs 16.87 crore in year ago period.
Other Income grew by 125.00 per cent at Rs 0.18 crore versus (Mar'24 Rs 0.08 crore).
Operating Profit surged by 95.12 per cent to Rs -2.40 crore as against Rs -1.23 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 72.43 per cent in March quarter.
Interest declined by 87.50 per cent y-o-y to Rs 0.03 crore, while Taxation decreased by 56.90 per cent at Rs -0.50 crore (Mar'24 Rs -1.16 crore).