The company reported standalone net loss during the quarter stood at Rs 13.78 crore compared to net profit of Rs 15.72 crore in the previous year quarter.ÿ
Net revenue of the company rose moderately by 10.36 per cent at Rs 50.06 crore in January-March quarter of this fiscal as against Rs 45.36 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 148.10 per cent to Rs 41.83 crore from Rs 16.86 crore in year ago period.
Other Income dipped by 96.76 per cent at Rs 0.08 crore versus (Mar'24 Rs 2.47 crore).
Operating Profit slipped by 71.16 per cent to Rs 8.22 crore as against Rs 28.50 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 73.85 per cent in March quarter.
Interest grew by 12.05 per cent y-o-y to Rs 4.65 crore, while Taxation increased by 668.85 per cent at Rs 4.69 crore (Mar'24 Rs 0.61 crore).