The company reported standalone net loss during the quarter stood at Rs 5.69 crore as compared to net loss of Rs 12.34 crore in the previous year quarter.
Net revenue of the company declined substantially by 22.02 per cent at Rs 82.92 crore in January-March quarter of this fiscal as against Rs 106.34 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 24.98 per cent to Rs 82.66 crore from Rs 110.19 crore in year ago period.
Other Income dipped by 78.95 per cent at Rs 0.36 crore versus (Mar'24 Rs 1.71 crore).
Operating Profit surged by 106.75 per cent to Rs 0.26 crore as against Rs -3.85 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 108.56 per cent in March quarter.
Interest declined by 51.16 per cent y-o-y to Rs 3.15 crore