The company reported standalone net loss during the quarter stood at Rs 0.70 crore compared to net profit of Rs 0.20 crore in the previous year quarter.ÿ
Net revenue of the company rose substantially by 41.87 per cent at Rs 38.90 crore in January-March quarter of this fiscal as against Rs 27.42 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 48.92 per cent to Rs 38.54 crore from Rs 25.88 crore in year ago period.
Other Income dipped by 97.00 per cent at Rs 0.03 crore versus (Mar'24 Rs 1.00 crore).
Operating Profit slipped by 76.47 per cent to Rs 0.36 crore as against Rs 1.53 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 83.21 per cent in March quarter.
Interest declined by 18.39 per cent y-o-y to Rs 0.71 crore, while Taxation decreased by 114.15 per cent at Rs -0.15 crore (Mar'24 Rs 1.06 crore).