The company reported standalone net loss during the quarter stood at Rs 12.26 crore as compared to net loss of Rs 27.79 crore in the previous year quarter.
Net revenue of the company rose substantially by 27.35 per cent at Rs 97.51 crore in January-March quarter of this fiscal as against Rs 76.57 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 25.91 per cent to Rs 140.65 crore from Rs 111.71 crore in year ago period.
Other Income grew by 285.46 per cent at Rs 36.31 crore versus (Mar'24 Rs 9.42 crore).
Operating Profit surged by 20.01 per cent to Rs -42.17 crore as against Rs -35.14 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 5.77 per cent in March quarter.
Interest grew by 65.13 per cent y-o-y to Rs 7.86 crore, while Taxation decreased by 49.18 per cent at Rs -2.79 crore (Mar'24 Rs -5.49 crore).