The company reported standalone net loss during the quarter stood at Rs 25.25 crore compared to net profit of Rs 0.09 crore in the previous year quarter.ÿ

Net revenue of the company rose moderately by 6.61 per cent at Rs 32.10 crore in January-March quarter of this fiscal as against Rs 30.11 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 21.22 per cent to Rs 36.96 crore from Rs 30.49 crore in year ago period.

Other Income dipped by 68.54 per cent at Rs 1.29 crore versus (Mar'24 Rs 4.10 crore).

Operating Profit surged by 1178.95 per cent to Rs -4.86 crore as against Rs -0.38 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1101.59 per cent in March quarter.

Interest declined by 33.69 per cent y-o-y to Rs 1.85 crore, while Taxation increased by 11509.09 per cent at Rs 12.77 crore (Mar'24 Rs 0.11 crore).