The company reported standalone net loss during the quarter stood at Rs 0.74 crore as compared to net loss of Rs 0.15 crore in the previous year quarter.
Net revenue of the company rose substantially by 27.63 per cent at Rs 53.82 crore in January-March quarter of this fiscal as against Rs 42.17 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 28.81 per cent to Rs 53.79 crore from Rs 41.76 crore in year ago period.
Other Income dipped by 32.43 per cent at Rs 0.75 crore versus (Mar'24 Rs 1.11 crore).
Operating Profit slipped by 90.24 per cent to Rs 0.04 crore as against Rs 0.41 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 92.78 per cent in March quarter.
Interest declined by 25.88 per cent y-o-y to Rs 0.63 crore, while Taxation decreased by 57.89 per cent at Rs -0.08 crore (Mar'24 Rs -0.19 crore).