The company reported standalone net loss during the quarter stood at Rs 11.86 crore as compared to net loss of Rs 0.72 crore in the previous year quarter.
Net revenue of the company rose moderately by 13.49 per cent at Rs 19.35 crore in January-March quarter of this fiscal as against Rs 17.05 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 96.50 per cent to Rs 30.34 crore from Rs 15.44 crore in year ago period.
Other Income grew by 1800.00 per cent at Rs 4.37 crore versus (Mar'24 Rs 0.23 crore).
Operating Profit slipped by 782.61 per cent to Rs -10.99 crore as against Rs 1.61 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 701.38 per cent in March quarter.
Interest grew by 86.09 per cent y-o-y to Rs 2.81 crore, while Taxation increased by 216.13 per cent at Rs 0.98 crore (Mar'24 Rs 0.31 crore).