The company reported standalone net loss during the quarter stood at Rs 0.21 crore as compared to net loss of Rs 0.71 crore in the previous year quarter.

Net revenue of the company rose substantially by 60.06 per cent at Rs 52.42 crore in January-March quarter of this fiscal as against Rs 32.75 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 56.33 per cent to Rs 53.06 crore from Rs 33.94 crore in year ago period.

Other Income dipped by 38.75 per cent at Rs 0.49 crore versus (Mar'24 Rs 0.80 crore).

Operating Profit slipped by 71.43 per cent to Rs -0.34 crore as against Rs -1.19 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 82.19 per cent in March quarter.

Interest declined by 24.49 per cent y-o-y to Rs 0.37 crore, while Taxation decreased by 69.57 per cent at Rs -0.07 crore (Mar'24 Rs -0.23 crore).