The company reported standalone net loss during the quarter stood at Rs 3.96 crore as compared to net loss of Rs 5.34 crore in the previous year quarter.

Net revenue of the company declined substantially by 41.75 per cent at Rs 30.56 crore in January-March quarter of this fiscal as against Rs 52.46 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 39.28 per cent to Rs 34.81 crore from Rs 57.33 crore in year ago period.

Other Income grew by 866.67 per cent at Rs 0.29 crore versus (Mar'25 Rs 0.03 crore).

Operating Profit slipped by 10.71 per cent to Rs -4.25 crore as against Rs -4.76 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 53.30 per cent in March quarter.

Interest declined by 70.77 per cent y-o-y to Rs 0.38 crore, while Taxation decreased by 25.16 per cent at Rs -1.19 crore (Mar'25 Rs -1.59 crore).