The company reported standalone net loss during the quarter stood at Rs 0.16 crore compared to net profit of Rs 145.41 crore in the previous year quarter.ÿ
Net revenue of the company declined substantially by 54.49 per cent at Rs 10.96 crore in January-March quarter of this fiscal as against Rs 24.08 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 26.18 per cent to Rs 10.97 crore from Rs 14.86 crore in year ago period.
Other Income dipped by 85.19 per cent at Rs 0.08 crore versus (Mar'24 Rs 0.54 crore).
Operating Profit slipped by 100.11 per cent to Rs -0.01 crore as against Rs 9.22 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 100.23 per cent in March quarter.
Interest grew by 0.00 per cent y-o-y to Rs 0.01 crore