The company reported standalone net loss during the quarter stood at Rs 41.43 crore as compared to net loss of Rs 20.75 crore in the previous year quarter.
Net revenue of the company declined moderately by 13.99 per cent at Rs 195.69 crore in January-March quarter of this fiscal as against Rs 227.52 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 15.68 per cent to Rs 195.68 crore from Rs 232.07 crore in year ago period.
Other Income grew by 352.00 per cent at Rs 1.13 crore versus (Mar'24 Rs 0.25 crore).
Operating Profit surged by 100.22 per cent to Rs 0.01 crore as against Rs -4.56 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 100.50 per cent in March quarter.
Interest grew by 301.26 per cent y-o-y to Rs 38.24 crore