The company reported standalone net loss during the quarter stood at Rs 5.29 crore compared to net profit of Rs 6.41 crore in the previous year quarter.ÿ
Net revenue of the company declined substantially by 27.80 per cent at Rs 45.55 crore in January-March quarter of this fiscal as against Rs 63.09 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 5.40 per cent to Rs 52.67 crore from Rs 49.97 crore in year ago period.
Other Income grew by 0.00 per cent at Rs 1.44 crore versus (Mar'24 Rs 0.00 crore).
Operating Profit slipped by 154.31 per cent to Rs -7.12 crore as against Rs 13.11 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 175.23 per cent in March quarter.
Interest grew by 0.00 per cent y-o-y to Rs 1.41 crore, while Taxation decreased by 155.10 per cent at Rs -2.16 crore (Mar'24 Rs 3.92 crore).