The company reported standalone net loss during the quarter stood at Rs 1.94 crore compared to net profit of Rs 8.25 crore in the previous year quarter.ÿ

Net revenue of the company rose substantially by 32.09 per cent at Rs 37.91 crore in January-March quarter of this fiscal as against Rs 28.70 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 26.90 per cent to Rs 48.30 crore from Rs 38.06 crore in year ago period.

Other Income dipped by 1.66 per cent at Rs 6.52 crore versus (Mar'24 Rs 6.63 crore).

Operating Profit slipped by 2.93 per cent to Rs -7.94 crore as against Rs -8.18 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 26.51 per cent in March quarter.

Interest declined by 95.43 per cent y-o-y to Rs 0.19 crore, while Taxation decreased by 78.90 per cent at Rs -1.19 crore (Mar'24 Rs -5.64 crore).