The company reported standalone net loss during the quarter stood at Rs 17.14 crore as compared to net loss of Rs 5.87 crore in the previous year quarter.
Net revenue of the company rose moderately by 13.69 per cent at Rs 150.02 crore in January-March quarter of this fiscal as against Rs 131.95 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 13.40 per cent to Rs 156.32 crore from Rs 137.85 crore in year ago period.
Other Income grew by 4.04 per cent at Rs 3.09 crore versus (Mar'24 Rs 2.97 crore).
Operating Profit surged by 6.78 per cent to Rs -6.30 crore as against Rs -5.90 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 6.04 per cent in March quarter.
Interest grew by 23.34 per cent y-o-y to Rs 5.02 crore, while Taxation decreased by 51.82 per cent at Rs -1.99 crore (Mar'24 Rs -4.13 crore).