The company reported standalone net loss during the quarter stood at Rs 488.20 crore as compared to net loss of Rs 8.88 crore in the previous year quarter.

Net revenue of the company rose marginally by 4.06 per cent at Rs 162.41 crore in January-March quarter of this fiscal as against Rs 156.08 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 5.48 per cent to Rs 153.91 crore from Rs 145.92 crore in year ago period.

Other Income dipped by 69.77 per cent at Rs 0.13 crore versus (Mar'24 Rs 0.43 crore).

Operating Profit slipped by 16.42 per cent to Rs 8.50 crore as against Rs 10.17 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 19.66 per cent in March quarter.

Interest grew by 7.08 per cent y-o-y to Rs 7.86 crore