The company reported standalone net loss during the quarter stood at Rs 18.07 crore as compared to net loss of Rs 6.42 crore in the previous year quarter.
Net revenue of the company declined moderately by 9.53 per cent at Rs 219.27 crore in January-March quarter of this fiscal as against Rs 242.37 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 4.93 per cent to Rs 229.70 crore from Rs 241.60 crore in year ago period.
Other Income dipped by 41.22 per cent at Rs 3.08 crore versus (Mar'24 Rs 5.24 crore).
Operating Profit slipped by 1471.05 per cent to Rs -10.42 crore as against Rs 0.76 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1632.26 per cent in March quarter.
Interest grew by 5.61 per cent y-o-y to Rs 8.09 crore, while Taxation increased by 42.29 per cent at Rs -10.70 crore (Mar'24 Rs -7.52 crore).