The company reported standalone net loss during the quarter stood at Rs 11.65 crore as compared to net loss of Rs 27.87 crore in the previous year quarter.
Net revenue of the company declined moderately by 15.78 per cent at Rs 91.94 crore in January-March quarter of this fiscal as against Rs 109.16 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 26.10 per cent to Rs 105.52 crore from Rs 142.78 crore in year ago period.
Other Income grew by 94.70 per cent at Rs 6.25 crore versus (Mar'24 Rs 3.21 crore).
Operating Profit slipped by 59.61 per cent to Rs -13.58 crore as against Rs -33.62 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 52.05 per cent in March quarter.
Interest declined by 65.31 per cent y-o-y to Rs 1.71 crore, while Taxation decreased by 63.60 per cent at Rs -4.71 crore (Mar'24 Rs -12.94 crore).