The company reported standalone net loss during the quarter stood at Rs 0.55 crore compared to net profit of Rs 0.07 crore in the previous year quarter.ÿ
Net revenue of the company rose substantially by 28.27 per cent at Rs 10.39 crore in January-March quarter of this fiscal as against Rs 8.10 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 41.53 per cent to Rs 10.36 crore from Rs 7.32 crore in year ago period.
Other Income dipped by 150.00 per cent at Rs -0.02 crore versus (Mar'24 Rs 0.04 crore).
Operating Profit slipped by 94.87 per cent to Rs 0.04 crore as against Rs 0.78 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 96.48 per cent in March quarter.
Interest grew by 2.22 per cent y-o-y to Rs 0.46 crore, while Taxation decreased by 120.00 per cent at Rs -0.02 crore (Mar'24 Rs 0.10 crore).