The company reported standalone net loss during the quarter stood at Rs 0.23 crore compared to net profit of Rs 5.88 crore in the previous year quarter.ÿ
Net revenue of the company rose by 5.75 per cent at Rs 274.70 crore in January-March quarter of this fiscal as against Rs 259.77 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 7.08 per cent to Rs 264.29 crore from Rs 246.81 crore in year ago period.
Other Income dipped by 39.89 per cent at Rs 6.78 crore versus (Mar'24 Rs 11.28 crore).
Operating Profit slipped by 19.68 per cent to Rs 10.41 crore as against Rs 12.96 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 24.05 per cent in March quarter.
Interest grew by 11.74 per cent y-o-y to Rs 8.85 crore, while Taxation decreased by 111.05 per cent at Rs -0.20 crore (Mar'24 Rs 1.81 crore).