The company reported standalone net loss during the quarter stood at Rs 3.65 crore compared to net profit of Rs 3.47 crore in the previous year quarter.ÿ
Net revenue of the company declined substantially by 29.34 per cent at Rs 137.51 crore in January-March quarter of this fiscal as against Rs 194.62 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 24.09 per cent to Rs 137.27 crore from Rs 180.83 crore in year ago period.
Other Income dipped by 14.41 per cent at Rs 1.01 crore versus (Mar'24 Rs 1.18 crore).
Operating Profit slipped by 98.33 per cent to Rs 0.23 crore as against Rs 13.79 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 97.60 per cent in March quarter.
Interest grew by 4.57 per cent y-o-y to Rs 6.18 crore, while Taxation decreased by 306.77 per cent at Rs -5.19 crore (Mar'24 Rs 2.51 crore).