The company reported standalone net loss during the quarter stood at Rs 1.06 crore compared to net profit of Rs 4.26 crore in the previous year quarter.ÿ

Net revenue of the company declined substantially by 47.89 per cent at Rs 25.21 crore in January-March quarter of this fiscal as against Rs 48.38 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 52.99 per cent to Rs 20.06 crore from Rs 42.67 crore in year ago period.

Other Income dipped by 44.36 per cent at Rs 4.64 crore versus (Mar'24 Rs 8.34 crore).

Operating Profit slipped by 9.97 per cent to Rs 5.15 crore as against Rs 5.72 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 72.84 per cent in March quarter.

Interest grew by 4.90 per cent y-o-y to Rs 3.64 crore, while Taxation increased by 172.89 per cent at Rs 4.53 crore (Mar'24 Rs 1.66 crore).