The company reported standalone net loss during the quarter stood at Rs 1.33 crore compared to net profit of Rs 1.73 crore in the previous year quarter.ÿ
Net revenue of the company declined substantially by 69.17 per cent at Rs 1.11 crore in January-March quarter of this fiscal as against Rs 3.60 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 45.36 per cent to Rs 1.53 crore from Rs 2.80 crore in year ago period.
Other Income dipped by 81.58 per cent at Rs 0.14 crore versus (Mar'24 Rs 0.76 crore).
Operating Profit slipped by 152.50 per cent to Rs -0.42 crore as against Rs 0.80 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 270.30 per cent in March quarter.
Taxation increased by 189.29 per cent at Rs 0.50 crore (Mar'24 Rs -0.56 crore).