The company reported standalone net loss during the quarter stood at Rs 0.76 crore as compared to net loss of Rs 0.12 crore in the previous year quarter.
Net revenue of the company declined substantially by 81.96 per cent at Rs 4.17 crore in January-March quarter of this fiscal as against Rs 23.12 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 78.88 per cent to Rs 5.01 crore from Rs 23.72 crore in year ago period.
Other Income dipped by 84.51 per cent at Rs 0.11 crore versus (Mar'24 Rs 0.71 crore).
Operating Profit surged by 40.00 per cent to Rs -0.84 crore as against Rs -0.60 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 684.11 per cent in March quarter.
Interest declined by 88.89 per cent y-o-y to Rs 0.01 crore