The company reported standalone net loss during the quarter stood at Rs 8.39 crore compared to net profit of Rs 4.39 crore in the previous year quarter.ÿ
Net revenue of the company rose moderately by 12.52 per cent at Rs 57.71 crore in January-March quarter of this fiscal as against Rs 51.29 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 28.44 per cent to Rs 63.54 crore from Rs 49.47 crore in year ago period.
Other Income dipped by 53.51 per cent at Rs 2.58 crore versus (Mar'24 Rs 5.55 crore).
Operating Profit slipped by 419.78 per cent to Rs -5.82 crore as against Rs 1.82 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 384.23 per cent in March quarter.
Interest declined by 9.83 per cent y-o-y to Rs 3.12 crore, while Taxation increased by 128.95 per cent at Rs -0.87 crore (Mar'24 Rs -0.38 crore).