The company reported standalone net loss during the quarter stood at Rs 1.15 crore as compared to net loss of Rs 4.27 crore in the previous year quarter.
Net revenue of the company rose substantially by 91.17 per cent at Rs 27.93 crore in January-March quarter of this fiscal as against Rs 14.61 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 56.13 per cent to Rs 28.15 crore from Rs 18.03 crore in year ago period.
Other Income dipped by 33.33 per cent at Rs 0.16 crore versus (Mar'24 Rs 0.24 crore).
Operating Profit slipped by 93.57 per cent to Rs -0.22 crore as against Rs -3.42 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 96.63 per cent in March quarter.
Interest declined by 3.39 per cent y-o-y to Rs 0.57 crore, while Taxation decreased by 61.54 per cent at Rs 0.10 crore (Mar'24 Rs 0.26 crore).