The company reported standalone net loss during the quarter stood at Rs 6.66 crore compared to net profit of Rs 1.98 crore in the previous year quarter. 

Net revenue of the company declined moderately by 11.37 per cent at Rs 115.35 crore in January-March quarter of this fiscal as against Rs 130.15 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 3.15 per cent to Rs 121.43 crore from Rs 125.38 crore in year ago period.

Other Income grew by 48.52 per cent at Rs 9.03 crore versus (Mar'24 Rs 6.08 crore).

Operating Profit slipped by 227.46 per cent to Rs -6.08 crore as against Rs 4.77 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 243.60 per cent in March quarter.

Interest grew by 12.36 per cent y-o-y to Rs 7.27 crore