The company reported standalone net loss during the quarter stood at Rs 0.09 crore as compared to net loss of Rs 1.26 crore in the previous year quarter.

Net revenue of the company rose substantially by 29.86 per cent at Rs 227.34 crore in January-March quarter of this fiscal as against Rs 175.06 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 27.41 per cent to Rs 226.62 crore from Rs 177.87 crore in year ago period.

Other Income dipped by 156.84 per cent at Rs -0.54 crore versus (Mar'23 Rs 0.95 crore).

Operating Profit surged by 125.71 per cent to Rs 0.72 crore as against Rs -2.80 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 119.38 per cent in March quarter.

Taxation increased by 163.16 per cent at Rs 0.12 crore (Mar'23 Rs -0.19 crore).