The company reported standalone net loss during the quarter stood at Rs 25.21 crore as compared to net loss of Rs 29.71 crore in the previous year quarter.
Net revenue of the company rose substantially by 40.62 per cent at Rs 725.62 crore in January-March quarter of this fiscal as against Rs 516.00 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 30.97 per cent to Rs 697.19 crore from Rs 532.31 crore in year ago period.
Other Income grew by 50.40 per cent at Rs 7.61 crore versus (Mar'24 Rs 5.06 crore).
Operating Profit surged by 274.31 per cent to Rs 28.43 crore as against Rs -16.31 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 224.05 per cent in March quarter.
Interest grew by 100.54 per cent y-o-y to Rs 26.11 crore, while Taxation decreased by 61.65 per cent at Rs -11.16 crore (Mar'24 Rs -29.10 crore).