The company reported standalone net loss during the quarter stood at Rs 34.35 crore as compared to net loss of Rs 45.83 crore in the previous year quarter.
Net revenue of the company declined moderately by 14.62 per cent at Rs 27.68 crore in January-March quarter of this fiscal as against Rs 32.42 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 7.09 per cent to Rs 78.62 crore from Rs 84.62 crore in year ago period.
Other Income grew by 76.61 per cent at Rs 2.19 crore versus (Mar'24 Rs 1.24 crore).
Operating Profit slipped by 2.43 per cent to Rs -50.94 crore as against Rs -52.21 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 14.28 per cent in March quarter.
Interest declined by 53.37 per cent y-o-y to Rs 0.97 crore, while Taxation increased by 64.42 per cent at Rs -7.07 crore (Mar'24 Rs -4.30 crore).