The company reported standalone net loss during the quarter stood at Rs 10.54 crore as compared to net loss of Rs 14.64 crore in the previous year quarter.
Net revenue of the company rose two fold by 204.07 per cent at Rs 34.33 crore in January-March quarter of this fiscal as against Rs 11.29 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 178.26 per cent to Rs 22.01 crore from Rs 7.91 crore in year ago period.
Other Income grew by 16.48 per cent at Rs 1.06 crore versus (Mar'24 Rs 0.91 crore).
Operating Profit surged by 264.79 per cent to Rs 12.33 crore as against Rs 3.38 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 19.90 per cent in March quarter.
Interest declined by 80.00 per cent y-o-y to Rs 0.35 crore, while Taxation increased by 2.92 per cent at Rs -1.41 crore (Mar'24 Rs -1.37 crore).