The company reported standalone net loss during the quarter stood at Rs 3.67 crore compared to net profit of Rs 0.36 crore in the previous year quarter.ÿ
Net revenue of the company rose marginally by 2.05 per cent at Rs 62.62 crore in October-December quarter of this fiscal as against Rs 61.36 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 11.56 per cent to Rs 63.81 crore from Rs 57.20 crore in year ago period.
Other Income dipped by 13.33 per cent at Rs 0.13 crore versus (Dec'23 Rs 0.15 crore).
Operating Profit slipped by 128.30 per cent to Rs -1.18 crore as against Rs 4.17 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 127.84 per cent in December quarter.
Interest grew by 9.30 per cent y-o-y to Rs 2.82 crore, while Taxation decreased by 1253.85 per cent at Rs -1.50 crore (Dec'23 Rs 0.13 crore).