The company reported standalone net loss during the quarter stood at Rs 4.11 crore compared to net profit of Rs 4.29 crore in the previous year quarter.ÿ
Net revenue of the company declined substantially by 33.38 per cent at Rs 29.60 crore in January-March quarter of this fiscal as against Rs 44.43 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 17.20 per cent to Rs 33.75 crore from Rs 40.76 crore in year ago period.
Other Income dipped by 20.62 per cent at Rs 3.08 crore versus (Mar'24 Rs 3.88 crore).
Operating Profit slipped by 213.08 per cent to Rs -4.15 crore as against Rs 3.67 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 269.73 per cent in March quarter.
Interest grew by 86.60 per cent y-o-y to Rs 1.81 crore, while Taxation decreased by 176.19 per cent at Rs -0.32 crore (Mar'24 Rs 0.42 crore).