The company reported standalone net loss during the quarter stood at Rs 3.00 crore compared to net profit of Rs 3.38 crore in the previous year quarter.ÿ
Net revenue of the company rose moderately by 10.02 per cent at Rs 142.58 crore in October-December quarter of this fiscal as against Rs 129.59 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 21.18 per cent to Rs 123.54 crore from Rs 101.95 crore in year ago period.
Other Income dipped by 26.85 per cent at Rs 1.88 crore versus (Dec'23 Rs 2.57 crore).
Operating Profit slipped by 31.15 per cent to Rs 19.03 crore as against Rs 27.64 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 37.41 per cent in December quarter.
Interest declined by 3.14 per cent y-o-y to Rs 8.03 crore, while Taxation decreased by 143.17 per cent at Rs -0.79 crore (Dec'23 Rs 1.83 crore).