The company reported standalone net loss during the quarter stood at Rs 0.14 crore as compared to net loss of Rs 0.32 crore in the previous year quarter.
Net revenue of the company rose substantially by 56.06 per cent at Rs 63.89 crore in January-March quarter of this fiscal as against Rs 40.94 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 42.10 per cent to Rs 56.33 crore from Rs 39.64 crore in year ago period.
Other Income dipped by 66.67 per cent at Rs 0.07 crore versus (Mar'18 Rs 0.21 crore).
Operating Profit surged by 477.10 per cent to Rs 7.56 crore as against Rs 1.31 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 271.16 per cent in March quarter.
Interest grew by 1008.06 per cent y-o-y to Rs 6.87 crore, while Taxation decreased by 47.06 per cent at Rs 0.27 crore (Mar'18 Rs 0.51 crore).