The company reported standalone net loss during the quarter stood at Rs 28.44 crore as compared to net loss of Rs 2.59 crore in the previous year quarter.
Net revenue of the company rose by 5.45 per cent at Rs 21.66 crore in January-March quarter of this fiscal as against Rs 20.54 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 54.47 per cent to Rs 18.32 crore from Rs 11.86 crore in year ago period.
Other Income dipped by 27.66 per cent at Rs 1.36 crore versus (Mar'24 Rs 1.88 crore).
Operating Profit slipped by 61.52 per cent to Rs 3.34 crore as against Rs 8.68 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 63.50 per cent in March quarter.
Interest declined by 29.64 per cent y-o-y to Rs 2.35 crore, while Taxation increased by 29.87 per cent at Rs 8.74 crore (Mar'24 Rs 6.73 crore).