The company reported standalone net loss during the quarter stood at Rs 0.99 crore compared to net profit of Rs 2.36 crore in the previous year quarter.ÿ

Net revenue of the company declined moderately by 16.89 per cent at Rs 8.76 crore in January-March quarter of this fiscal as against Rs 10.54 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 16.48 per cent to Rs 10.25 crore from Rs 8.80 crore in year ago period.

Operating Profit slipped by 185.63 per cent to Rs -1.49 crore as against Rs 1.74 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 203.03 per cent in March quarter.

Taxation increased by 0.00 per cent at Rs -0.50 crore (Mar'24 Rs 0.00 crore).