The company reported standalone net loss during the quarter stood at Rs 8.69 crore as compared to net loss of Rs 0.50 crore in the previous year quarter.
Net revenue of the company declined substantially by 22.01 per cent at Rs 82.84 crore in January-March quarter of this fiscal as against Rs 106.22 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 22.73 per cent to Rs 77.59 crore from Rs 100.41 crore in year ago period.
Other Income grew by 600.00 per cent at Rs 0.07 crore versus (Mar'24 Rs 0.01 crore).
Operating Profit slipped by 9.48 per cent to Rs 5.25 crore as against Rs 5.80 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 16.12 per cent in March quarter.
Interest declined by 4.97 per cent y-o-y to Rs 1.72 crore, while Taxation increased by 1206.90 per cent at Rs 7.58 crore (Mar'24 Rs 0.58 crore).