The company reported standalone net loss during the quarter stood at Rs 2.11 crore compared to net profit of Rs 3.11 crore in the previous year quarter.ÿ
Net revenue of the company declined substantially by 77.04 per cent at Rs 1.52 crore in January-March quarter of this fiscal as against Rs 6.62 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 9.66 per cent to Rs 3.18 crore from Rs 3.52 crore in year ago period.
Other Income dipped by 427.27 per cent at Rs -0.36 crore versus (Mar'24 Rs 0.11 crore).
Operating Profit slipped by 153.23 per cent to Rs -1.65 crore as against Rs 3.10 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 331.62 per cent in March quarter.
Interest grew by 200.00 per cent y-o-y to Rs 0.03 crore, while Taxation increased by 0.00 per cent at Rs 0.03 crore (Mar'24 Rs 0.03 crore).