The company reported standalone net loss during the quarter stood at Rs 19.15 crore as compared to net loss of Rs 13.97 crore in the previous year quarter.
Net revenue of the company rose marginally by 4.74 per cent at Rs 16.14 crore in January-March quarter of this fiscal as against Rs 15.41 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 18.97 per cent to Rs 34.55 crore from Rs 29.04 crore in year ago period.
Other Income grew by 145.22 per cent at Rs 2.82 crore versus (Mar'24 Rs 1.15 crore).
Operating Profit surged by 35.07 per cent to Rs -18.41 crore as against Rs -13.63 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 29.03 per cent in March quarter.
Interest grew by 80.00 per cent y-o-y to Rs 0.27 crore, while Taxation increased by 1385.71 per cent at Rs 2.08 crore (Mar'24 Rs 0.14 crore).