The company reported standalone net loss during the quarter stood at Rs 3.82 crore compared to net profit of Rs 7.93 crore in the previous year quarter.ÿ
Net revenue of the company declined substantially by 25.25 per cent at Rs 43.54 crore in January-March quarter of this fiscal as against Rs 58.25 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 30.26 per cent to Rs 38.35 crore from Rs 54.99 crore in year ago period.
Other Income dipped by 14.10 per cent at Rs 6.52 crore versus (Mar'24 Rs 7.59 crore).
Operating Profit surged by 59.51 per cent to Rs 5.20 crore as against Rs 3.26 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 113.42 per cent in March quarter.
Interest declined by 80.00 per cent y-o-y to Rs 0.07 crore, while Taxation decreased by 168.85 per cent at Rs -1.68 crore (Mar'24 Rs 2.44 crore).