The company reported standalone net loss during the quarter stood at Rs 2.92 crore compared to net profit of Rs 0.90 crore in the previous year quarter.ÿ

Net revenue of the company declined moderately by 11.18 per cent at Rs 147.79 crore in January-March quarter of this fiscal as against Rs 166.40 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 11.21 per cent to Rs 141.81 crore from Rs 159.71 crore in year ago period.

Other Income dipped by 127.27 per cent at Rs -0.03 crore versus (Mar'24 Rs 0.11 crore).

Operating Profit slipped by 10.61 per cent to Rs 5.98 crore as against Rs 6.69 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 0.75 per cent in March quarter.

Interest grew by 88.93 per cent y-o-y to Rs 5.12 crore, while Taxation increased by 204.26 per cent at Rs 1.43 crore (Mar'24 Rs 0.47 crore).