The company reported standalone net loss during the quarter stood at Rs 5.34 crore as compared to net loss of Rs 3.75 crore in the previous year quarter.

Net revenue of the company rose substantially by 43.02 per cent at Rs 52.46 crore in January-March quarter of this fiscal as against Rs 36.68 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 41.10 per cent to Rs 57.33 crore from Rs 40.63 crore in year ago period.

Other Income dipped by 94.34 per cent at Rs 0.03 crore versus (Mar'24 Rs 0.53 crore).

Operating Profit surged by 20.51 per cent to Rs -4.76 crore as against Rs -3.95 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 15.77 per cent in March quarter.

Interest grew by 145.28 per cent y-o-y to Rs 1.30 crore, while Taxation increased by 26.19 per cent at Rs -1.59 crore (Mar'24 Rs -1.26 crore).