The company reported standalone net loss during the quarter stood at Rs 4.10 crore compared to net profit of Rs 1.29 crore in the previous year quarter.ΓΏ

Net revenue of the company rose marginally by 3.25 per cent at Rs 20.36 crore in January-March quarter of this fiscal as against Rs 19.72 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 12.42 per cent to Rs 21.45 crore from Rs 19.08 crore in year ago period.

Other Income dipped by 132.85 per cent at Rs -0.45 crore versus (Mar'22 Rs 1.37 crore).

Operating Profit slipped by 270.31 per cent to Rs -1.09 crore as against Rs 0.64 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 264.72 per cent in March quarter.

Interest grew by 1600.00 per cent y-o-y to Rs 0.17 crore, while Taxation increased by 386.11 per cent at Rs 1.75 crore (Mar'22 Rs 0.36 crore).