The company reported standalone net loss during the quarter stood at Rs 11.94 crore compared to net profit of Rs 12.38 crore in the previous year quarter.ÿ
Net revenue of the company rose marginally by 3.10 per cent at Rs 398.53 crore in January-March quarter of this fiscal as against Rs 386.53 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 12.20 per cent to Rs 395.66 crore from Rs 352.65 crore in year ago period.
Other Income dipped by 9.84 per cent at Rs 2.29 crore versus (Mar'24 Rs 2.54 crore).
Operating Profit slipped by 86.12 per cent to Rs 4.92 crore as against Rs 35.45 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 86.59 per cent in March quarter.
Interest declined by 4.15 per cent y-o-y to Rs 1.85 crore, while Taxation decreased by 79.65 per cent at Rs 0.92 crore (Mar'24 Rs 4.52 crore).