The company reported standalone net loss during the quarter stood at Rs 1.40 crore as compared to net loss of Rs 3.01 crore in the previous year quarter.

Net revenue of the company rose substantially by 31.72 per cent at Rs 150.14 crore in January-March quarter of this fiscal as against Rs 113.98 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 38.63 per cent to Rs 139.63 crore from Rs 100.72 crore in year ago period.

Other Income dipped by 66.88 per cent at Rs 2.07 crore versus (Mar'24 Rs 6.25 crore).

Operating Profit slipped by 20.68 per cent to Rs 10.51 crore as against Rs 13.25 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 39.81 per cent in March quarter.

Interest grew by 32.45 per cent y-o-y to Rs 5.02 crore, while Taxation decreased by 75.78 per cent at Rs 3.34 crore (Mar'24 Rs 13.79 crore).