The company reported standalone net loss during the quarter stood at Rs 0.13 crore as compared to net loss of Rs 9.42 crore in the previous year quarter.
Net revenue of the company rose marginally by 1.40 per cent at Rs 97.90 crore in January-March quarter of this fiscal as against Rs 96.55 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 11.89 per cent to Rs 97.66 crore from Rs 110.84 crore in year ago period.
Operating Profit surged by 101.68 per cent to Rs 0.24 crore as against Rs -14.29 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 101.62 per cent in March quarter.
Taxation increased by 107.24 per cent at Rs 0.36 crore (Mar'24 Rs -4.97 crore).