The company reported standalone net loss during the quarter stood at Rs 1.90 crore compared to net profit of Rs 222.71 crore in the previous year quarter.ÿ
Net revenue of the company rose triple digit by 111.01 per cent at Rs 4.79 crore in January-March quarter of this fiscal as against Rs 2.27 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 64.34 per cent to Rs 4.35 crore from Rs 12.20 crore in year ago period.
Other Income dipped by 99.73 per cent at Rs 0.63 crore versus (Mar'24 Rs 236.77 crore).
Operating Profit surged by 104.43 per cent to Rs 0.44 crore as against Rs -9.94 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 102.09 per cent in March quarter.
Interest grew by 9.96 per cent y-o-y to Rs 2.76 crore, while Taxation decreased by 107.05 per cent at Rs -0.11 crore (Mar'24 Rs 1.56 crore).