The company reported standalone net loss during the quarter stood at Rs 30.28 crore as compared to net loss of Rs 208.80 crore in the previous year quarter.
Net revenue of the company declined substantially by 66.59 per cent at Rs 2.74 crore in January-March quarter of this fiscal as against Rs 8.20 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 33.64 per cent to Rs 7.83 crore from Rs 11.80 crore in year ago period.
Other Income dipped by 97.51 per cent at Rs 0.21 crore versus (Mar'24 Rs 8.45 crore).
Operating Profit surged by 41.39 per cent to Rs -5.09 crore as against Rs -3.60 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 323.29 per cent in March quarter.
Interest declined by 5.37 per cent y-o-y to Rs 10.58 crore