The company reported standalone net loss during the quarter stood at Rs 53.02 crore compared to net profit of Rs 65.32 crore in the previous year quarter.ÿ
Net revenue of the company declined substantially by 20.94 per cent at Rs 81.83 crore in January-March quarter of this fiscal as against Rs 103.51 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 37.55 per cent to Rs 112.38 crore from Rs 81.70 crore in year ago period.
Other Income dipped by 17.71 per cent at Rs 9.76 crore versus (Mar'24 Rs 11.86 crore).
Operating Profit slipped by 183.06 per cent to Rs -30.55 crore as against Rs 36.78 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 205.09 per cent in March quarter.
Interest declined by 27.28 per cent y-o-y to Rs 21.78 crore