The company reported standalone net loss during the quarter stood at Rs 7.37 crore as compared to net loss of Rs 31.12 crore in the previous year quarter.
Net revenue of the company declined marginally by 4.64 per cent at Rs 106.10 crore in January-March quarter of this fiscal as against Rs 111.26 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 14.16 per cent to Rs 85.57 crore from Rs 99.69 crore in year ago period.
Other Income grew by 270.40 per cent at Rs 5.47 crore versus (Mar'24 Rs -3.21 crore).
Operating Profit surged by 77.44 per cent to Rs 20.53 crore as against Rs 11.57 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 86.06 per cent in March quarter.
Interest grew by 34.28 per cent y-o-y to Rs 21.31 crore, while Taxation increased by 60.96 per cent at Rs -4.04 crore (Mar'24 Rs -2.51 crore).