The company reported standalone net loss during the quarter stood at Rs 14.29 crore as compared to net loss of Rs 15.30 crore in the previous year quarter.
Net revenue of the company rose substantially by 71.52 per cent at Rs 39.14 crore in January-March quarter of this fiscal as against Rs 22.82 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 33.28 per cent to Rs 35.72 crore from Rs 26.80 crore in year ago period.
Other Income grew by 23800.00 per cent at Rs 2.39 crore versus (Mar'24 Rs 0.01 crore).
Operating Profit surged by 185.68 per cent to Rs 3.41 crore as against Rs -3.98 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 149.97 per cent in March quarter.
Interest declined by 80.36 per cent y-o-y to Rs 0.11 crore, while Taxation increased by 1068.66 per cent at Rs -7.83 crore (Mar'24 Rs -0.67 crore).