The company reported standalone net loss during the quarter stood at Rs 15.79 crore as compared to net loss of Rs 14.68 crore in the previous year quarter.
Net revenue of the company rose substantially by 36.55 per cent at Rs 46.85 crore in January-March quarter of this fiscal as against Rs 34.31 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 37.12 per cent to Rs 141.45 crore from Rs 103.16 crore in year ago period.
Other Income dipped by 0.24 per cent at Rs 63.22 crore versus (Mar'24 Rs 63.37 crore).
Operating Profit surged by 37.40 per cent to Rs -94.60 crore as against Rs -68.85 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 0.62 per cent in March quarter.
Interest declined by 69.23 per cent y-o-y to Rs 0.04 crore, while Taxation decreased by 165.88 per cent at Rs -5.31 crore (Mar'24 Rs 8.06 crore).