India, May 22 -- The company reported standalone net loss during the quarter stood at Rs 3.15 crore as compared to net loss of Rs 2.91 crore in the previous year quarter.

Net revenue of the company rose substantially by 37.05 per cent at Rs 271.93 crore in January-March quarter of this fiscal as against Rs 198.41 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 36.64 per cent to Rs 274.08 crore from Rs 200.58 crore in year ago period.

Operating Profit slipped by 0.92 per cent to Rs -2.15 crore as against Rs -2.17 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 28.18 per cent in March quarter.

Taxation increased by 100.00 per cent at Rs 1...