The company reported standalone net loss during the quarter stood at Rs 2.68 crore compared to net profit of Rs 14.03 crore in the previous year quarter.ÿ
Net revenue of the company declined moderately by 18.62 per cent at Rs 65.13 crore in January-March quarter of this fiscal as against Rs 80.03 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 4.26 per cent to Rs 72.98 crore from Rs 70.00 crore in year ago period.
Other Income dipped by 18.77 per cent at Rs 5.54 crore versus (Mar'24 Rs 6.82 crore).
Operating Profit slipped by 178.27 per cent to Rs -7.85 crore as against Rs 10.03 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 196.17 per cent in March quarter.
Interest declined by 53.85 per cent y-o-y to Rs 0.06 crore, while Taxation increased by 577.55 per cent at Rs -3.32 crore (Mar'24 Rs -0.49 crore).