The company reported standalone net loss during the quarter stood at Rs 0.03 crore compared to net profit of Rs 4.18 crore in the previous year quarter.ÿ
Net revenue of the company declined moderately by 8.04 per cent at Rs 50.77 crore in January-March quarter of this fiscal as against Rs 55.21 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 8.01 per cent to Rs 42.63 crore from Rs 46.34 crore in year ago period.
Other Income grew by 128.13 per cent at Rs 1.46 crore versus (Mar'24 Rs 0.64 crore).
Operating Profit slipped by 8.23 per cent to Rs 8.14 crore as against Rs 8.87 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 0.25 per cent in March quarter.
Interest declined by 5.66 per cent y-o-y to Rs 0.50 crore, while Taxation increased by 358.57 per cent at Rs 6.42 crore (Mar'24 Rs 1.40 crore).