The company reported standalone net loss during the quarter stood at Rs 8.76 crore as compared to net loss of Rs 8.71 crore in the previous year quarter.

Net revenue of the company rose moderately by 18.77 per cent at Rs 223.79 crore in January-March quarter of this fiscal as against Rs 188.42 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 18.13 per cent to Rs 231.73 crore from Rs 196.16 crore in year ago period.

Other Income grew by 889.47 per cent at Rs 1.88 crore versus (Mar'24 Rs 0.19 crore).

Operating Profit surged by 2.58 per cent to Rs -7.94 crore as against Rs -7.74 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 13.63 per cent in March quarter.

Interest grew by 63.33 per cent y-o-y to Rs 1.47 crore, while Taxation increased by 2.72 per cent at Rs -3.02 crore (Mar'24 Rs -2.94 crore).