The company reported standalone net loss during the quarter stood at Rs 3.92 crore compared to net profit of Rs 0.56 crore in the previous year quarter.ÿ
Net revenue of the company rose three fold by 337.06 per cent at Rs 6.25 crore in January-March quarter of this fiscal as against Rs 1.43 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 65.13 per cent to Rs 8.95 crore from Rs 5.42 crore in year ago period.
Operating Profit slipped by 32.33 per cent to Rs -2.70 crore as against Rs -3.99 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 84.54 per cent in March quarter.
Interest grew by 219.30 per cent y-o-y to Rs 1.82 crore, while Taxation decreased by 79.82 per cent at Rs -1.10 crore (Mar'24 Rs -5.45 crore).