The company reported standalone net loss during the quarter stood at Rs 13.64 crore as compared to net loss of Rs 10.54 crore in the previous year quarter.

Net revenue of the company declined moderately by 13.02 per cent at Rs 29.86 crore in January-March quarter of this fiscal as against Rs 34.33 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 26.40 per cent to Rs 27.82 crore from Rs 22.01 crore in year ago period.

Other Income dipped by 48.11 per cent at Rs 0.55 crore versus (Mar'25 Rs 1.06 crore).

Operating Profit slipped by 83.45 per cent to Rs 2.04 crore as against Rs 12.33 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 80.98 per cent in March quarter.

Interest declined by 54.29 per cent y-o-y to Rs 0.16 crore, while Taxation increased by 2.13 per cent at Rs -1.44 crore (Mar'25 Rs -1.41 crore).