The company reported standalone net loss during the quarter stood at Rs 6.82 crore compared to net profit of Rs 15.66 crore in the previous year quarter.ÿ

Net revenue of the company rose substantially by 88.38 per cent at Rs 465.74 crore in January-March quarter of this fiscal as against Rs 247.24 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 105.35 per cent to Rs 438.08 crore from Rs 213.33 crore in year ago period.

Other Income dipped by 56.03 per cent at Rs 1.13 crore versus (Mar'24 Rs 2.57 crore).

Operating Profit slipped by 18.43 per cent to Rs 27.66 crore as against Rs 33.91 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 56.67 per cent in March quarter.

Interest grew by 205.62 per cent y-o-y to Rs 15.77 crore, while Taxation decreased by 34.09 per cent at Rs 3.48 crore (Mar'24 Rs 5.28 crore).