The company reported standalone net loss during the quarter stood at Rs 0.79 crore compared to net profit of Rs 0.12 crore in the previous year quarter.ÿ
Net revenue of the company rose substantially by 41.61 per cent at Rs 6.50 crore in January-March quarter of this fiscal as against Rs 4.59 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 112.50 per cent to Rs 8.16 crore from Rs 3.84 crore in year ago period.
Other Income grew by 266.67 per cent at Rs 1.21 crore versus (Mar'24 Rs 0.33 crore).
Operating Profit slipped by 226.67 per cent to Rs -0.95 crore as against Rs 0.75 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 189.80 per cent in March quarter.
Interest grew by 30.51 per cent y-o-y to Rs 0.77 crore, while Taxation decreased by 76.47 per cent at Rs 0.04 crore (Mar'24 Rs 0.17 crore).