The company reported standalone net loss during the quarter stood at Rs 3.25 crore compared to net profit of Rs 0.18 crore in the previous year quarter.ÿ

Net revenue of the company rose substantially by 72.11 per cent at Rs 238.24 crore in January-March quarter of this fiscal as against Rs 138.42 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 75.63 per cent to Rs 242.67 crore from Rs 138.17 crore in year ago period.

Other Income dipped by 54.46 per cent at Rs 0.46 crore versus (Mar'24 Rs 1.01 crore).

Operating Profit slipped by 1872.00 per cent to Rs -4.43 crore as against Rs 0.25 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1133.33 per cent in March quarter.

Interest grew by 13.04 per cent y-o-y to Rs 0.52 crore, while Taxation decreased by 5766.67 per cent at Rs -1.70 crore (Mar'24 Rs 0.03 crore).