The company reported standalone net loss during the quarter stood at Rs 66.96 crore compared to net profit of Rs 37.59 crore in the previous year quarter.ÿ
Net revenue of the company declined marginally by 2.20 per cent at Rs 290.99 crore in January-March quarter of this fiscal as against Rs 297.53 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 4.15 per cent to Rs 256.42 crore from Rs 246.20 crore in year ago period.
Other Income grew by 42.66 per cent at Rs 10.50 crore versus (Mar'24 Rs 7.36 crore).
Operating Profit slipped by 32.65 per cent to Rs 34.57 crore as against Rs 51.33 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 31.13 per cent in March quarter.
Interest declined by 72.19 per cent y-o-y to Rs 0.47 crore, while Taxation decreased by 24.58 per cent at Rs 9.42 crore (Mar'24 Rs 12.49 crore).