The company reported standalone net loss during the quarter stood at Rs 5.24 crore as compared to net loss of Rs 1.75 crore in the previous year quarter.
Net revenue of the company rose marginally by 2.41 per cent at Rs 45.51 crore in January-March quarter of this fiscal as against Rs 44.44 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 11.41 per cent to Rs 42.28 crore from Rs 37.95 crore in year ago period.
Other Income dipped by 29.03 per cent at Rs 0.22 crore versus (Mar'24 Rs 0.31 crore).
Operating Profit slipped by 50.23 per cent to Rs 3.23 crore as against Rs 6.49 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 51.37 per cent in March quarter.
Interest grew by 4.47 per cent y-o-y to Rs 5.84 crore, while Taxation increased by 7.56 per cent at Rs -1.28 crore (Mar'24 Rs -1.19 crore).