The company reported standalone net loss during the quarter stood at Rs 1.10 crore as compared to net loss of Rs 8.62 crore in the previous year quarter.
Net revenue of the company declined moderately by 15.73 per cent at Rs 18.38 crore in January-March quarter of this fiscal as against Rs 21.81 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 31.65 per cent to Rs 18.90 crore from Rs 27.65 crore in year ago period.
Other Income grew by 239.29 per cent at Rs 1.90 crore versus (Mar'24 Rs 0.56 crore).
Operating Profit slipped by 91.10 per cent to Rs -0.52 crore as against Rs -5.84 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 89.47 per cent in March quarter.
Interest declined by 9.02 per cent y-o-y to Rs 1.11 crore, while Taxation increased by 15.79 per cent at Rs -0.22 crore (Mar'24 Rs -0.19 crore).