The company reported standalone net loss during the quarter stood at Rs 1.65 crore compared to net profit of Rs 731.54 crore in the previous year quarter.ÿ
Net revenue of the company rose two fold by 208.79 per cent at Rs 110.35 crore in January-March quarter of this fiscal as against Rs -101.43 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 56.32 per cent to Rs 17.94 crore from Rs 41.07 crore in year ago period.
Other Income dipped by 99.88 per cent at Rs 1.08 crore versus (Mar'24 Rs 901.86 crore).
Operating Profit surged by 164.85 per cent to Rs 92.41 crore as against Rs -142.50 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 40.39 per cent in March quarter.
Interest grew by 8.68 per cent y-o-y to Rs 84.12 crore, while Taxation increased by 122.05 per cent at Rs 10.95 crore (Mar'24 Rs -49.66 crore).