The company reported standalone net loss during the quarter stood at Rs 2.38 crore compared to net profit of Rs 1.62 crore in the previous year quarter.ÿ
Net revenue of the company declined substantially by 26.02 per cent at Rs 3.07 crore in January-March quarter of this fiscal as against Rs 4.15 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 29.09 per cent to Rs 2.56 crore from Rs 3.61 crore in year ago period.
Other Income dipped by 95.12 per cent at Rs 0.06 crore versus (Mar'24 Rs 1.23 crore).
Operating Profit slipped by 5.56 per cent to Rs 0.51 crore as against Rs 0.54 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 27.31 per cent in March quarter.
Interest grew by 266.67 per cent y-o-y to Rs 0.22 crore, while Taxation increased by 600.00 per cent at Rs -0.14 crore (Mar'24 Rs -0.02 crore).