The company reported standalone net loss during the quarter stood at Rs 29.25 crore compared to net profit of Rs 2.79 crore in the previous year quarter.ÿ
Net revenue of the company declined marginally by 4.46 per cent at Rs 76.95 crore in January-March quarter of this fiscal as against Rs 80.54 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 1.11 per cent to Rs 92.27 crore from Rs 91.26 crore in year ago period.
Other Income dipped by 49.01 per cent at Rs 13.37 crore versus (Mar'24 Rs 26.22 crore).
Operating Profit surged by 42.82 per cent to Rs -15.31 crore as against Rs -10.72 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 49.51 per cent in March quarter.
Interest grew by 17720.00 per cent y-o-y to Rs 8.91 crore, while Taxation decreased by 16.23 per cent at Rs 3.51 crore (Mar'24 Rs 4.19 crore).