The company reported standalone net loss during the quarter stood at Rs 12.08 crore as compared to net loss of Rs 19.23 crore in the previous year quarter.

Net revenue of the company rose substantially by 57.75 per cent at Rs 14.56 crore in January-March quarter of this fiscal as against Rs 9.23 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 35.60 per cent to Rs 37.21 crore from Rs 27.44 crore in year ago period.

Other Income grew by 1037.17 per cent at Rs 12.85 crore versus (Mar'24 Rs 1.13 crore).

Operating Profit surged by 24.26 per cent to Rs -22.64 crore as against Rs -18.22 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 21.25 per cent in March quarter.

Interest grew by 32.65 per cent y-o-y to Rs 1.30 crore, while Taxation increased by 66.67 per cent at Rs 0.85 crore (Mar'24 Rs 0.51 crore).