The company reported standalone net loss during the quarter stood at Rs 15.51 crore as compared to net loss of Rs 23.03 crore in the previous year quarter.
Net revenue of the company rose substantially by 49.99 per cent at Rs 86.89 crore in January-March quarter of this fiscal as against Rs 57.93 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 29.72 per cent to Rs 100.27 crore from Rs 77.30 crore in year ago period.
Other Income dipped by 72.83 per cent at Rs 0.25 crore versus (Mar'24 Rs 0.92 crore).
Operating Profit slipped by 30.92 per cent to Rs -13.38 crore as against Rs -19.37 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 53.98 per cent in March quarter.
Interest grew by 9.52 per cent y-o-y to Rs 2.07 crore, while Taxation decreased by 548.89 per cent at Rs -2.02 crore (Mar'24 Rs 0.45 crore).