The company reported standalone net loss during the quarter stood at Rs 12.12 crore as compared to net loss of Rs 1.80 crore in the previous year quarter.

Net revenue of the company rose moderately by 16.82 per cent at Rs 6.39 crore in January-March quarter of this fiscal as against Rs 5.47 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 182.21 per cent to Rs 19.19 crore from Rs 6.80 crore in year ago period.

Operating Profit surged by 861.65 per cent to Rs -12.79 crore as against Rs -1.33 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 725.79 per cent in March quarter.

Taxation decreased by 244.68 per cent at Rs -0.68 crore (Mar'25 Rs 0.47 crore).