The company reported standalone net loss during the quarter stood at Rs 1.61 crore as compared to net loss of Rs 3.50 crore in the previous year quarter.

Net revenue of the company rose marginally by 1.14 per cent at Rs 98.57 crore in January-March quarter of this fiscal as against Rs 97.46 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 3.43 per cent to Rs 96.89 crore from Rs 100.33 crore in year ago period.

Other Income dipped by 75.93 per cent at Rs 0.39 crore versus (Mar'24 Rs 1.62 crore).

Operating Profit surged by 158.54 per cent to Rs 1.68 crore as against Rs -2.87 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 157.63 per cent in March quarter.

Interest declined by 55.56 per cent y-o-y to Rs 0.60 crore, while Taxation increased by 896.15 per cent at Rs 2.59 crore (Mar'24 Rs 0.26 crore).