The company reported standalone net loss during the quarter stood at Rs 6.97 crore as compared to net loss of Rs 94.77 crore in the previous year quarter.

Net revenue of the company rose marginally by 3.17 per cent at Rs 54.69 crore in January-March quarter of this fiscal as against Rs 53.01 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 63.50 per cent to Rs 48.79 crore from Rs 133.66 crore in year ago period.

Other Income grew by 141.85 per cent at Rs 4.45 crore versus (Mar'24 Rs 1.84 crore).

Operating Profit surged by 107.32 per cent to Rs 5.90 crore as against Rs -80.65 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 107.09 per cent in March quarter.

Interest grew by 13.89 per cent y-o-y to Rs 7.87 crore