The company reported standalone net loss during the quarter stood at Rs 106.92 crore compared to net profit of Rs 22.83 crore in the previous year quarter.ÿ
Net revenue of the company rose moderately by 7.37 per cent at Rs 447.05 crore in January-March quarter of this fiscal as against Rs 416.38 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 7.01 per cent to Rs 437.01 crore from Rs 408.38 crore in year ago period.
Other Income dipped by 66.27 per cent at Rs 32.01 crore versus (Mar'24 Rs 94.91 crore).
Operating Profit surged by 25.66 per cent to Rs 10.04 crore as against Rs 7.99 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 17.19 per cent in March quarter.
Interest grew by 21.15 per cent y-o-y to Rs 27.09 crore, while Taxation increased by 718.93 per cent at Rs 57.87 crore (Mar'24 Rs -9.35 crore).