The company reported standalone net loss during the quarter stood at Rs 4.29 crore as compared to net loss of Rs 4.68 crore in the previous year quarter.
Net revenue of the company declined marginally by 2.44 per cent at Rs 31.61 crore in January-March quarter of this fiscal as against Rs 32.40 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 2.27 per cent to Rs 38.29 crore from Rs 39.18 crore in year ago period.
Other Income grew by 9.89 per cent at Rs 1.00 crore versus (Mar'24 Rs 0.91 crore).
Operating Profit slipped by 10.91 per cent to Rs -6.04 crore as against Rs -6.78 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 8.70 per cent in March quarter.
Interest grew by 10.00 per cent y-o-y to Rs 0.44 crore, while Taxation decreased by 24.28 per cent at Rs -1.31 crore (Mar'24 Rs -1.73 crore).