The company reported standalone net loss during the quarter stood at Rs 3.54 crore compared to net profit of Rs 4.26 crore in the previous year quarter.ÿ

Net revenue of the company declined marginally by 4.33 per cent at Rs 24.72 crore in January-March quarter of this fiscal as against Rs 25.84 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 3.98 per cent to Rs 20.10 crore from Rs 19.33 crore in year ago period.

Other Income dipped by 1721.43 per cent at Rs -6.81 crore versus (Mar'24 Rs 0.42 crore).

Operating Profit slipped by 29.03 per cent to Rs 4.62 crore as against Rs 6.51 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 25.84 per cent in March quarter.

Interest grew by 100.00 per cent y-o-y to Rs 0.04 crore, while Taxation decreased by 93.71 per cent at Rs 0.11 crore (Mar'24 Rs 1.75 crore).