The company reported standalone net loss during the quarter stood at Rs 1.56 crore compared to net profit of Rs 4.54 crore in the previous year quarter.ÿ

Net revenue of the company rose substantially by 37.02 per cent at Rs 138.97 crore in January-March quarter of this fiscal as against Rs 101.42 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 35.60 per cent to Rs 124.18 crore from Rs 91.58 crore in year ago period.

Other Income grew by 16.13 per cent at Rs 0.36 crore versus (Mar'24 Rs 0.31 crore).

Operating Profit surged by 50.30 per cent to Rs 14.79 crore as against Rs 9.84 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 9.69 per cent in March quarter.

Interest grew by 208.38 per cent y-o-y to Rs 5.15 crore, while Taxation decreased by 139.22 per cent at Rs -0.60 crore (Mar'24 Rs 1.53 crore).