The company reported standalone net loss during the quarter stood at Rs 3.22 crore compared to net profit of Rs 6.24 crore in the previous year quarter.ÿ
Net revenue of the company rose substantially by 66.82 per cent at Rs 53.20 crore in January-March quarter of this fiscal as against Rs 31.89 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 46.08 per cent to Rs 42.10 crore from Rs 28.82 crore in year ago period.
Other Income dipped by 81.06 per cent at Rs 1.39 crore versus (Mar'24 Rs 7.34 crore).
Operating Profit surged by 261.56 per cent to Rs 11.10 crore as against Rs 3.07 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 116.61 per cent in March quarter.
Interest declined by 7.55 per cent y-o-y to Rs 1.96 crore, while Taxation decreased by 313.64 per cent at Rs -3.29 crore (Mar'24 Rs 1.54 crore).