The company reported standalone net loss during the quarter stood at Rs 0.65 crore as compared to net loss of Rs 2.93 crore in the previous year quarter.

Net revenue of the company rose moderately by 11.80 per cent at Rs 121.50 crore in January-March quarter of this fiscal as against Rs 108.68 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 12.07 per cent to Rs 121.45 crore from Rs 108.37 crore in year ago period.

Other Income dipped by 5.56 per cent at Rs 0.68 crore versus (Mar'24 Rs 0.72 crore).

Operating Profit slipped by 83.87 per cent to Rs 0.05 crore as against Rs 0.31 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 86.21 per cent in March quarter.

Interest grew by 1.39 per cent y-o-y to Rs 0.73 crore, while Taxation increased by 329.55 per cent at Rs -3.78 crore (Mar'24 Rs -0.88 crore).