The company reported standalone net loss during the quarter stood at Rs 25.05 crore as compared to net loss of Rs 21.81 crore in the previous year quarter.

Net revenue of the company rose substantially by 35.73 per cent at Rs 215.48 crore in October-December quarter of this fiscal as against Rs 158.76 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 34.97 per cent to Rs 233.72 crore from Rs 173.17 crore in year ago period.

Other Income grew by 1250.00 per cent at Rs 0.27 crore versus (Dec'21 Rs 0.02 crore).

Operating Profit surged by 26.58 per cent to Rs -18.24 crore as against Rs -14.41 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 6.83 per cent in December quarter.

Interest grew by 25.49 per cent y-o-y to Rs 1.28 crore