The company reported standalone net loss during the quarter stood at Rs 2.66 crore as compared to net loss of Rs 3.40 crore in the previous year quarter.
Net revenue of the company rose substantially by 36.70 per cent at Rs 36.99 crore in January-March quarter of this fiscal as against Rs 27.06 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 32.34 per cent to Rs 36.87 crore from Rs 27.86 crore in year ago period.
Other Income dipped by 56.20 per cent at Rs 1.13 crore versus (Mar'24 Rs 2.58 crore).
Operating Profit surged by 115.00 per cent to Rs 0.12 crore as against Rs -0.80 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 110.81 per cent in March quarter.
Interest declined by 23.20 per cent y-o-y to Rs 3.84 crore, while Taxation increased by 600.00 per cent at Rs -0.07 crore (Mar'24 Rs -0.01 crore).