The company reported standalone net loss during the quarter stood at Rs 0.21 crore compared to net profit of Rs 2.61 crore in the previous year quarter.ÿ
Net revenue of the company declined moderately by 16.91 per cent at Rs 115.53 crore in January-March quarter of this fiscal as against Rs 139.04 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 18.71 per cent to Rs 109.28 crore from Rs 134.43 crore in year ago period.
Other Income grew by 0.00 per cent at Rs 0.29 crore versus (Mar'24 Rs 0.29 crore).
Operating Profit surged by 35.87 per cent to Rs 6.25 crore as against Rs 4.60 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 63.44 per cent in March quarter.
Interest grew by 77.18 per cent y-o-y to Rs 4.27 crore, while Taxation increased by 138.02 per cent at Rs 0.73 crore (Mar'24 Rs -1.92 crore).