The company reported standalone net loss during the quarter stood at Rs 15.08 crore compared to net profit of Rs 0.84 crore in the previous year quarter.ÿ

Net revenue of the company declined marginally by 4.29 per cent at Rs 87.97 crore in January-March quarter of this fiscal as against Rs 91.91 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 18.83 per cent to Rs 104.11 crore from Rs 87.61 crore in year ago period.

Other Income dipped by 125.53 per cent at Rs -0.12 crore versus (Mar'24 Rs 0.47 crore).

Operating Profit slipped by 475.35 per cent to Rs -16.14 crore as against Rs 4.30 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 492.93 per cent in March quarter.

Interest grew by 34.44 per cent y-o-y to Rs 2.42 crore, while Taxation decreased by 500.85 per cent at Rs -4.69 crore (Mar'24 Rs 1.17 crore).