The company reported standalone net loss during the quarter stood at Rs 1.52 crore compared to net profit of Rs 22.23 crore in the previous year quarter.ÿ
Net revenue of the company rose substantially by 35.54 per cent at Rs 39.47 crore in January-March quarter of this fiscal as against Rs 29.12 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 43.96 per cent to Rs 26.82 crore from Rs 18.63 crore in year ago period.
Other Income dipped by 77.33 per cent at Rs 5.64 crore versus (Mar'24 Rs 24.88 crore).
Operating Profit surged by 20.57 per cent to Rs 12.66 crore as against Rs 10.50 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 11.04 per cent in March quarter.
Interest grew by 98.17 per cent y-o-y to Rs 20.59 crore, while Taxation decreased by 358.65 per cent at Rs -3.44 crore (Mar'24 Rs 1.33 crore).