The company reported standalone net loss during the quarter stood at Rs 66.23 crore compared to net profit of Rs 137.56 crore in the previous year quarter.ÿ
Net revenue of the company rose marginally by 1.30 per cent at Rs 438.81 crore in January-March quarter of this fiscal as against Rs 433.18 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 12.39 per cent to Rs 378.29 crore from Rs 431.78 crore in year ago period.
Other Income dipped by 165.48 per cent at Rs -112.57 crore versus (Mar'24 Rs 171.92 crore).
Operating Profit surged by 4222.86 per cent to Rs 60.52 crore as against Rs 1.40 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 4209.38 per cent in March quarter.
Interest grew by 646.15 per cent y-o-y to Rs 7.76 crore, while Taxation decreased by 91.50 per cent at Rs 2.64 crore (Mar'24 Rs 31.07 crore).