The company reported standalone net loss during the quarter stood at Rs 5.15 crore compared to net profit of Rs 9.74 crore in the previous year quarter.ÿ
Net revenue of the company rose substantially by 44.25 per cent at Rs 126.15 crore in January-March quarter of this fiscal as against Rs 87.45 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 12.96 per cent to Rs 90.92 crore from Rs 80.49 crore in year ago period.
Other Income dipped by 39.44 per cent at Rs 14.08 crore versus (Mar'24 Rs 23.25 crore).
Operating Profit surged by 406.18 per cent to Rs 35.23 crore as against Rs 6.96 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 250.88 per cent in March quarter.
Interest declined by 22.88 per cent y-o-y to Rs 2.09 crore, while Taxation decreased by 353.25 per cent at Rs -4.28 crore (Mar'24 Rs 1.69 crore).