The company reported standalone net loss during the quarter stood at Rs 4.62 crore as compared to net loss of Rs 5.57 crore in the previous year quarter.
Net revenue of the company rose moderately by 16.05 per cent at Rs 120.10 crore in January-March quarter of this fiscal as against Rs 103.49 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 16.48 per cent to Rs 122.64 crore from Rs 105.29 crore in year ago period.
Other Income dipped by 13.77 per cent at Rs 1.44 crore versus (Mar'24 Rs 1.67 crore).
Operating Profit surged by 41.11 per cent to Rs -2.54 crore as against Rs -1.80 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 21.26 per cent in March quarter.
Interest declined by 50.47 per cent y-o-y to Rs 2.62 crore, while Taxation increased by 7.10 per cent at Rs -1.81 crore (Mar'24 Rs -1.69 crore).