The company reported standalone net loss during the quarter stood at Rs 4.41 crore compared to net profit of Rs 2.41 crore in the previous year quarter.ÿ
Net revenue of the company rose moderately by 6.69 per cent at Rs 38.43 crore in January-March quarter of this fiscal as against Rs 36.02 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 21.73 per cent to Rs 30.81 crore from Rs 25.31 crore in year ago period.
Other Income dipped by 36.14 per cent at Rs 0.53 crore versus (Mar'24 Rs 0.83 crore).
Operating Profit slipped by 28.92 per cent to Rs 7.62 crore as against Rs 10.72 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 33.34 per cent in March quarter.
Interest grew by 17.46 per cent y-o-y to Rs 4.44 crore, while Taxation increased by 6550.00 per cent at Rs 5.16 crore (Mar'24 Rs -0.08 crore).