The company reported standalone net loss during the quarter stood at Rs 39.51 crore compared to net profit of Rs 26.11 crore in the previous year quarter.ÿ
Net revenue of the company declined moderately by 11.71 per cent at Rs 316.73 crore in January-March quarter of this fiscal as against Rs 358.72 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 1.39 per cent to Rs 315.45 crore from Rs 319.90 crore in year ago period.
Other Income grew by 28.87 per cent at Rs 1.83 crore versus (Mar'24 Rs 1.42 crore).
Operating Profit slipped by 94.77 per cent to Rs 2.03 crore as against Rs 38.82 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 94.09 per cent in March quarter.
Interest grew by 27.27 per cent y-o-y to Rs 0.70 crore, while Taxation decreased by 407.93 per cent at Rs -12.81 crore (Mar'24 Rs 4.16 crore).