The company reported standalone net loss during the quarter stood at Rs 2.59 crore as compared to net loss of Rs 0.84 crore in the previous year quarter.
Net revenue of the company declined substantially by 21.78 per cent at Rs 8.62 crore in January-March quarter of this fiscal as against Rs 11.02 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 3.71 per cent to Rs 10.39 crore from Rs 10.79 crore in year ago period.
Other Income dipped by 73.08 per cent at Rs 0.07 crore versus (Mar'24 Rs 0.26 crore).
Operating Profit slipped by 869.57 per cent to Rs -1.77 crore as against Rs 0.23 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1083.25 per cent in March quarter.
Interest declined by 39.13 per cent y-o-y to Rs 0.28 crore