The company reported standalone net loss during the quarter stood at Rs 1.73 crore compared to net profit of Rs 0.02 crore in the previous year quarter.ÿ
Net revenue of the company declined moderately by 14.98 per cent at Rs 14.08 crore in January-March quarter of this fiscal as against Rs 16.56 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 5.71 per cent to Rs 14.69 crore from Rs 15.58 crore in year ago period.
Operating Profit slipped by 160.61 per cent to Rs -0.60 crore as against Rs 0.99 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 172.10 per cent in March quarter.
Interest grew by 19.30 per cent y-o-y to Rs 0.68 crore, while Taxation decreased by 161.54 per cent at Rs -0.08 crore (Mar'24 Rs 0.13 crore).