The company reported standalone net loss during the quarter stood at Rs 2.44 crore as compared to net loss of Rs 3.39 crore in the previous year quarter.
Net revenue of the company rose substantially by 80.86 per cent at Rs 209.93 crore in January-March quarter of this fiscal as against Rs 116.07 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 77.52 per cent to Rs 206.08 crore from Rs 116.09 crore in year ago period.
Other Income grew by 843.75 per cent at Rs 1.51 crore versus (Mar'24 Rs 0.16 crore).
Operating Profit surged by 38600.00 per cent to Rs 3.85 crore as against Rs -0.01 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 18500.00 per cent in March quarter.
Interest grew by 97.51 per cent y-o-y to Rs 3.97 crore, while Taxation decreased by 52.56 per cent at Rs -0.74 crore (Mar'24 Rs -1.56 crore).