The company reported standalone net loss during the quarter stood at Rs 8.89 crore as compared to net loss of Rs 8.23 crore in the previous year quarter.

Net revenue of the company rose substantially by 38.55 per cent at Rs 9.56 crore in January-March quarter of this fiscal as against Rs 6.90 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 26.40 per cent to Rs 18.00 crore from Rs 14.24 crore in year ago period.

Other Income grew by 11.48 per cent at Rs 0.68 crore versus (Mar'24 Rs 0.61 crore).

Operating Profit surged by 15.14 per cent to Rs -8.44 crore as against Rs -7.33 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 16.88 per cent in March quarter.

Interest grew by 23.08 per cent y-o-y to Rs 0.80 crore, while Taxation decreased by 183.87 per cent at Rs -0.26 crore (Mar'24 Rs 0.31 crore).