The company reported standalone net loss during the quarter stood at Rs 7.31 crore compared to net profit of Rs 18.03 crore in the previous year quarter.ÿ
Net revenue of the company declined moderately by 7.61 per cent at Rs 134.22 crore in January-March quarter of this fiscal as against Rs 145.27 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 6.50 per cent to Rs 137.93 crore from Rs 147.52 crore in year ago period.
Other Income dipped by 82.41 per cent at Rs 5.60 crore versus (Mar'24 Rs 31.84 crore).
Operating Profit surged by 65.63 per cent to Rs -3.71 crore as against Rs -2.24 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 78.06 per cent in March quarter.
Interest declined by 30.52 per cent y-o-y to Rs 8.88 crore, while Taxation decreased by 40.43 per cent at Rs -2.21 crore (Mar'24 Rs -3.71 crore).