The company reported standalone net loss during the quarter stood at Rs 48.89 crore as compared to net loss of Rs 31.83 crore in the previous year quarter.

Net revenue of the company declined moderately by 13.45 per cent at Rs 56.00 crore in January-March quarter of this fiscal as against Rs 64.70 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 22.65 per cent to Rs 47.58 crore from Rs 61.51 crore in year ago period.

Other Income dipped by 88.49 per cent at Rs 0.29 crore versus (Mar'24 Rs 2.52 crore).

Operating Profit surged by 163.64 per cent to Rs 8.41 crore as against Rs 3.19 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 204.87 per cent in March quarter.

Interest grew by 64.02 per cent y-o-y to Rs 52.93 crore