The company reported standalone net loss during the quarter stood at Rs 0.38 crore compared to net profit of Rs 1.07 crore in the previous year quarter.ÿ
Net revenue of the company declined substantially by 71.93 per cent at Rs 13.21 crore in January-March quarter of this fiscal as against Rs 47.06 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 69.13 per cent to Rs 14.93 crore from Rs 48.37 crore in year ago period.
Other Income dipped by 21.34 per cent at Rs 1.99 crore versus (Mar'24 Rs 2.53 crore).
Operating Profit surged by 30.53 per cent to Rs -1.71 crore as against Rs -1.31 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 364.52 per cent in March quarter.
Interest grew by 0.00 per cent y-o-y to Rs 0.05 crore, while Taxation increased by 306.67 per cent at Rs 0.61 crore (Mar'24 Rs 0.15 crore).