The company reported standalone net loss during the quarter stood at Rs 1.55 crore as compared to net loss of Rs 0.52 crore in the previous year quarter.
Net revenue of the company declined substantially by 24.17 per cent at Rs 19.48 crore in January-March quarter of this fiscal as against Rs 25.69 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 18.59 per cent to Rs 19.53 crore from Rs 23.99 crore in year ago period.
Other Income dipped by 27.14 per cent at Rs 0.51 crore versus (Mar'24 Rs 0.70 crore).
Operating Profit slipped by 102.94 per cent to Rs -0.05 crore as against Rs 1.70 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 103.93 per cent in March quarter.
Interest declined by 25.41 per cent y-o-y to Rs 1.35 crore, while Taxation increased by 325.00 per cent at Rs -0.51 crore (Mar'24 Rs -0.12 crore).