The company reported standalone net loss during the quarter stood at Rs 0.46 crore compared to net profit of Rs 0.10 crore in the previous year quarter.ÿ
Net revenue of the company rose substantially by 35.48 per cent at Rs 35.93 crore in January-March quarter of this fiscal as against Rs 26.52 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 37.09 per cent to Rs 35.19 crore from Rs 25.67 crore in year ago period.
Other Income dipped by 109.86 per cent at Rs -0.07 crore versus (Mar'24 Rs 0.71 crore).
Operating Profit slipped by 12.94 per cent to Rs 0.74 crore as against Rs 0.85 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 35.63 per cent in March quarter.
Interest declined by 4.81 per cent y-o-y to Rs 0.99 crore, while Taxation decreased by 633.33 per cent at Rs -0.16 crore (Mar'24 Rs 0.03 crore).