The company reported standalone net loss during the quarter stood at Rs 10.33 crore compared to net profit of Rs 12.91 crore in the previous year quarter.ÿ
Net revenue of the company declined moderately by 15.91 per cent at Rs 74.89 crore in January-March quarter of this fiscal as against Rs 89.06 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 0.19 per cent to Rs 79.64 crore from Rs 79.49 crore in year ago period.
Other Income dipped by 148.95 per cent at Rs -5.11 crore versus (Mar'24 Rs 10.44 crore).
Operating Profit slipped by 149.63 per cent to Rs -4.75 crore as against Rs 9.57 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 158.98 per cent in March quarter.
Interest grew by 85.71 per cent y-o-y to Rs 0.13 crore, while Taxation decreased by 128.46 per cent at Rs -1.48 crore (Mar'24 Rs 5.20 crore).