The company reported standalone net loss during the quarter stood at Rs 2.15 crore compared to net profit of Rs 0.17 crore in the previous year quarter.ÿ

Net revenue of the company rose marginally by 4.95 per cent at Rs 1.91 crore in January-March quarter of this fiscal as against Rs 1.82 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 123.76 per cent to Rs 4.52 crore from Rs 2.02 crore in year ago period.

Other Income grew by 18.60 per cent at Rs 0.51 crore versus (Mar'19 Rs 0.43 crore).

Operating Profit surged by 1200.00 per cent to Rs -2.60 crore as against Rs -0.20 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1157.25 per cent in March quarter.