The company reported standalone net loss during the quarter stood at Rs 2.63 crore as compared to net loss of Rs 0.79 crore in the previous year quarter.
Net revenue of the company declined moderately by 6.27 per cent at Rs 97.11 crore in January-March quarter of this fiscal as against Rs 103.61 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 4.35 per cent to Rs 98.42 crore from Rs 102.90 crore in year ago period.
Other Income grew by 93.70 per cent at Rs 2.46 crore versus (Mar'24 Rs 1.27 crore).
Operating Profit slipped by 284.51 per cent to Rs -1.31 crore as against Rs 0.71 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 298.53 per cent in March quarter.
Interest declined by 73.17 per cent y-o-y to Rs 0.22 crore, while Taxation increased by 229.17 per cent at Rs 0.62 crore (Mar'24 Rs -0.48 crore).