The company reported standalone net loss during the quarter stood at Rs 13.05 crore compared to net profit of Rs 1.21 crore in the previous year quarter.ÿ

Net revenue of the company declined substantially by 26.79 per cent at Rs 34.60 crore in January-March quarter of this fiscal as against Rs 47.26 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 17.84 per cent to Rs 39.37 crore from Rs 47.92 crore in year ago period.

Other Income grew by 0.00 per cent at Rs 0.03 crore versus (Mar'24 Rs 0.00 crore).

Operating Profit surged by 621.21 per cent to Rs -4.76 crore as against Rs -0.66 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 883.57 per cent in March quarter.

Taxation increased by 249.61 per cent at Rs -4.51 crore (Mar'24 Rs -1.29 crore).