The company reported standalone net loss during the quarter stood at Rs 13.37 crore as compared to net loss of Rs 13.09 crore in the previous year quarter.
Net revenue of the company rose moderately by 9.94 per cent at Rs 5.64 crore in January-March quarter of this fiscal as against Rs 5.13 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 8.74 per cent to Rs 6.72 crore from Rs 6.18 crore in year ago period.
Other Income dipped by 76.00 per cent at Rs 0.18 crore versus (Mar'18 Rs 0.75 crore).
Operating Profit surged by 3.81 per cent to Rs -1.09 crore as against Rs -1.05 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 5.81 per cent in March quarter.
Interest grew by 9.44 per cent y-o-y to Rs 1.97 crore, while Taxation increased by 610.00 per cent at Rs 0.71 crore (Mar'18 Rs 0.10 crore).