The company reported standalone net loss during the quarter stood at Rs 0.53 crore compared to net profit of Rs 0.50 crore in the previous year quarter.ÿ
Net revenue of the company declined moderately by 7.38 per cent at Rs 39.02 crore in October-December quarter of this fiscal as against Rs 42.13 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 9.62 per cent to Rs 37.49 crore from Rs 41.48 crore in year ago period.
Other Income grew by 133.33 per cent at Rs 0.21 crore versus (Dec'23 Rs 0.09 crore).
Operating Profit surged by 131.82 per cent to Rs 1.53 crore as against Rs 0.66 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 151.28 per cent in December quarter.
Interest grew by 0.00 per cent y-o-y to Rs 2.34 crore, while Taxation decreased by 291.67 per cent at Rs -0.23 crore (Dec'23 Rs 0.12 crore).