The company reported standalone net loss during the quarter stood at Rs 7.87 crore compared to net profit of Rs 1.42 crore in the previous year quarter.ÿ
Net revenue of the company declined substantially by 35.68 per cent at Rs 19.85 crore in January-March quarter of this fiscal as against Rs 30.86 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 5.43 per cent to Rs 30.50 crore from Rs 32.25 crore in year ago period.
Other Income dipped by 14.06 per cent at Rs 3.79 crore versus (Mar'24 Rs 4.41 crore).
Operating Profit surged by 666.19 per cent to Rs -10.65 crore as against Rs -1.39 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1089.58 per cent in March quarter.
Interest declined by 81.03 per cent y-o-y to Rs 0.33 crore, while Taxation increased by 104.00 per cent at Rs 0.03 crore (Mar'24 Rs -0.75 crore).