The company reported standalone net loss during the quarter stood at Rs 82.17 crore compared to net profit of Rs 0.72 crore in the previous year quarter.ÿ
Net revenue of the company declined substantially by 62.92 per cent at Rs 3.66 crore in January-March quarter of this fiscal as against Rs 9.87 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 204.45 per cent to Rs 71.09 crore from Rs 23.35 crore in year ago period.
Other Income dipped by 11.75 per cent at Rs 23.06 crore versus (Mar'24 Rs 26.13 crore).
Operating Profit surged by 400.30 per cent to Rs -67.44 crore as against Rs -13.48 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1249.29 per cent in March quarter.
Interest grew by 134.40 per cent y-o-y to Rs 24.19 crore, while Taxation increased by 1692.96 per cent at Rs 12.73 crore (Mar'24 Rs 0.71 crore).