Netripples posts March-quarter loss as annual revenue falls 14.9%

Netripples Software reported March-quarter revenue of INR 150.87 lakh, down 30.8% from INR 218.14 lakh a year earlier, and an after-tax loss of INR 1.48 lakh. Revenue for the year ended March 2022 fell 14.9% to INR 928.75 lakh from INR 1091.11 lakh. Full-year after-tax profit was INR 0.19 lakh versus INR 1.13 lakh, while operating cash flow remained positive at INR 9.07 lakh. The auditor gave an unmodified opinion.