The company reported standalone net loss during the quarter stood at Rs 0.02 crore as compared to net loss of Rs 0.16 crore in the previous year quarter.

Net revenue of the company rose three fold by 370.38 per cent at Rs 21.12 crore in January-March quarter of this fiscal as against Rs 4.49 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 361.35 per cent to Rs 21.13 crore from Rs 4.58 crore in year ago period.

Operating Profit slipped by 77.78 per cent to Rs -0.02 crore as against Rs -0.09 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 95.92 per cent in March quarter.