The company reported standalone net loss during the quarter stood at Rs 1.81 crore compared to net profit of Rs 7.56 crore in the previous year quarter.ÿ
Net revenue of the company declined substantially by 52.39 per cent at Rs 8.68 crore in January-March quarter of this fiscal as against Rs 18.23 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 17.37 per cent to Rs 9.80 crore from Rs 11.86 crore in year ago period.
Other Income dipped by 88.53 per cent at Rs 0.25 crore versus (Mar'24 Rs 2.18 crore).
Operating Profit slipped by 117.58 per cent to Rs -1.12 crore as against Rs 6.37 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 136.85 per cent in March quarter.
Interest declined by 50.00 per cent y-o-y to Rs 0.02 crore