The company reported standalone net loss during the quarter stood at Rs 17.82 crore as compared to net loss of Rs 41.03 crore in the previous year quarter.

Net revenue of the company rose two fold by 251.15 per cent at Rs 32.20 crore in January-March quarter of this fiscal as against Rs 9.17 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 0.61 per cent to Rs 54.02 crore from Rs 54.35 crore in year ago period.

Other Income grew by 1944.44 per cent at Rs 1.84 crore versus (Mar'24 Rs 0.09 crore).

Operating Profit slipped by 51.68 per cent to Rs -21.83 crore as against Rs -45.18 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 86.24 per cent in March quarter.

Interest declined by 91.43 per cent y-o-y to Rs 0.03 crore, while Taxation decreased by 26.50 per cent at Rs -2.94 crore (Mar'24 Rs -4.00 crore).