The company reported standalone net loss during the quarter stood at Rs 19.85 crore as compared to net loss of Rs 14.21 crore in the previous year quarter.
Net revenue of the company declined moderately by 20.00 per cent at Rs 1.92 crore in January-March quarter of this fiscal as against Rs 2.40 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 21.54 per cent to Rs 8.69 crore from Rs 7.15 crore in year ago period.
Other Income grew by 103.94 per cent at Rs 21.21 crore versus (Mar'24 Rs 10.40 crore).
Operating Profit surged by 42.53 per cent to Rs -6.77 crore as against Rs -4.75 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 78.31 per cent in March quarter.
Interest grew by 73.26 per cent y-o-y to Rs 33.82 crore