The company reported standalone net loss during the quarter stood at Rs 21.20 crore as compared to net loss of Rs 5.95 crore in the previous year quarter.
Net revenue of the company declined marginally by 4.91 per cent at Rs 228.01 crore in January-March quarter of this fiscal as against Rs 239.79 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 4.06 per cent to Rs 192.28 crore from Rs 200.42 crore in year ago period.
Other Income dipped by 40.98 per cent at Rs 4.45 crore versus (Mar'24 Rs 7.54 crore).
Operating Profit slipped by 9.25 per cent to Rs 35.73 crore as against Rs 39.37 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 4.57 per cent in March quarter.
Interest grew by 6.56 per cent y-o-y to Rs 17.06 crore, while Taxation increased by 627.66 per cent at Rs 3.42 crore (Mar'24 Rs 0.47 crore).