The company reported standalone net loss during the quarter stood at Rs 0.14 crore compared to net profit of Rs 0.64 crore in the previous year quarter.ÿ
Net revenue of the company declined substantially by 90.72 per cent at Rs 1.28 crore in January-March quarter of this fiscal as against Rs 13.79 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 88.57 per cent to Rs 1.48 crore from Rs 12.95 crore in year ago period.
Other Income grew by 0.00 per cent at Rs 0.02 crore versus (Mar'24 Rs 0.00 crore).
Operating Profit slipped by 125.00 per cent to Rs -0.21 crore as against Rs 0.84 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 364.91 per cent in March quarter.
Taxation decreased by 127.78 per cent at Rs -0.05 crore (Mar'24 Rs 0.18 crore).