The company reported standalone net loss during the quarter stood at Rs 10.28 crore compared to net profit of Rs 0.64 crore in the previous year quarter.ÿ
Net revenue of the company declined substantially by 75.73 per cent at Rs 25.40 crore in January-March quarter of this fiscal as against Rs 104.67 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 65.97 per cent to Rs 36.29 crore from Rs 106.64 crore in year ago period.
Other Income dipped by 61.03 per cent at Rs 1.29 crore versus (Mar'24 Rs 3.31 crore).
Operating Profit surged by 452.79 per cent to Rs -10.89 crore as against Rs -1.97 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 2181.91 per cent in March quarter.
Taxation decreased by 8.51 per cent at Rs 0.43 crore (Mar'24 Rs 0.47 crore).