The company reported standalone net loss during the quarter stood at Rs 14.31 crore compared to net profit of Rs 1.12 crore in the previous year quarter.ÿ
Net revenue of the company declined moderately by 11.22 per cent at Rs 60.78 crore in January-March quarter of this fiscal as against Rs 68.46 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 2.38 per cent to Rs 64.12 crore from Rs 65.68 crore in year ago period.
Other Income grew by 57.59 per cent at Rs 5.50 crore versus (Mar'24 Rs 3.49 crore).
Operating Profit slipped by 220.14 per cent to Rs -3.34 crore as against Rs 2.78 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 235.80 per cent in March quarter.
Interest grew by 723.19 per cent y-o-y to Rs 5.68 crore, while Taxation decreased by 8600.00 per cent at Rs -2.55 crore (Mar'24 Rs 0.03 crore).