The company reported standalone net loss during the quarter stood at Rs 5.94 crore as compared to net loss of Rs 0.66 crore in the previous year quarter.

Net revenue of the company rose moderately by 20.00 per cent at Rs 19.44 crore in January-March quarter of this fiscal as against Rs 16.20 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 37.00 per cent to Rs 23.40 crore from Rs 17.08 crore in year ago period.

Other Income grew by 0.00 per cent at Rs 0.11 crore versus (Mar'24 Rs 0.00 crore).

Operating Profit surged by 350.00 per cent to Rs -3.96 crore as against Rs -0.88 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 272.71 per cent in March quarter.

Interest grew by 1226.09 per cent y-o-y to Rs 3.05 crore, while Taxation increased by 121.74 per cent at Rs -0.51 crore (Mar'24 Rs -0.23 crore).