The company reported standalone net loss during the quarter stood at Rs 36.57 crore as compared to net loss of Rs 75.83 crore in the previous year quarter.

Net revenue of the company rose marginally by 1.22 per cent at Rs 131.84 crore in January-March quarter of this fiscal as against Rs 130.25 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 8.03 per cent to Rs 181.83 crore from Rs 197.70 crore in year ago period.

Other Income grew by 190.66 per cent at Rs 10.58 crore versus (Mar'24 Rs 3.64 crore).

Operating Profit slipped by 25.89 per cent to Rs -49.99 crore as against Rs -67.45 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 26.78 per cent in March quarter.

Interest declined by 39.84 per cent y-o-y to Rs 1.54 crore, while Taxation decreased by 183.75 per cent at Rs -3.66 crore (Mar'24 Rs 4.37 crore).