The company reported standalone net loss during the quarter stood at Rs 15.07 crore as compared to net loss of Rs 3.12 crore in the previous year quarter.
Net revenue of the company declined substantially by 38.49 per cent at Rs 1.47 crore in January-March quarter of this fiscal as against Rs 2.39 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 77.08 per cent to Rs 16.38 crore from Rs 9.25 crore in year ago period.
Other Income dipped by 72.20 per cent at Rs 1.19 crore versus (Mar'24 Rs 4.28 crore).
Operating Profit surged by 117.03 per cent to Rs -14.91 crore as against Rs -6.87 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 253.02 per cent in March quarter.