The company reported standalone net loss during the quarter stood at Rs 12.17 crore as compared to net loss of Rs 20.34 crore in the previous year quarter.
Net revenue of the company rose substantially by 89.40 per cent at Rs 11.08 crore in January-March quarter of this fiscal as against Rs 5.85 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 11.70 per cent to Rs 23.16 crore from Rs 26.23 crore in year ago period.
Other Income grew by 1.60 per cent at Rs 1.27 crore versus (Mar'24 Rs 1.25 crore).
Operating Profit slipped by 40.76 per cent to Rs -12.08 crore as against Rs -20.39 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 68.72 per cent in March quarter.
Interest grew by 41.67 per cent y-o-y to Rs 0.17 crore, while Taxation increased by 173.33 per cent at Rs 0.41 crore (Mar'24 Rs 0.15 crore).