The company reported standalone net loss during the quarter stood at Rs 18.97 crore as compared to net loss of Rs 18.96 crore in the previous year quarter.
Net revenue of the company rose moderately by 15.31 per cent at Rs 27.87 crore in January-March quarter of this fiscal as against Rs 24.17 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 10.14 per cent to Rs 23.02 crore from Rs 20.90 crore in year ago period.
Operating Profit surged by 48.77 per cent to Rs 4.85 crore as against Rs 3.26 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 28.87 per cent in March quarter.
Interest grew by 10.36 per cent y-o-y to Rs 16.94 crore