The company reported standalone net loss during the quarter stood at Rs 0.28 crore as compared to net loss of Rs 15.60 crore in the previous year quarter.
Net revenue of the company rose three fold by 395.45 per cent at Rs 57.72 crore in January-March quarter of this fiscal as against Rs 11.65 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 87.32 per cent to Rs 36.19 crore from Rs 19.32 crore in year ago period.
Other Income grew by 144.44 per cent at Rs 0.22 crore versus (Mar'23 Rs 0.09 crore).
Operating Profit surged by 380.70 per cent to Rs 21.53 crore as against Rs -7.67 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 156.70 per cent in March quarter.
Interest grew by 83.16 per cent y-o-y to Rs 24.14 crore, while Taxation decreased by 58.29 per cent at Rs -2.19 crore (Mar'23 Rs -5.25 crore).