The company reported standalone net loss during the quarter stood at Rs 6.57 crore compared to net profit of Rs 0.32 crore in the previous year quarter.ÿ
Net revenue of the company rose substantially by 39.62 per cent at Rs 13.92 crore in January-March quarter of this fiscal as against Rs 9.97 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 70.18 per cent to Rs 13.58 crore from Rs 7.98 crore in year ago period.
Other Income grew by 1006.25 per cent at Rs -5.31 crore versus (Mar'24 Rs -0.48 crore).
Operating Profit slipped by 82.32 per cent to Rs 0.35 crore as against Rs 1.98 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 87.53 per cent in March quarter.
Interest declined by 43.90 per cent y-o-y to Rs 0.23 crore, while Taxation increased by 1533.33 per cent at Rs 0.86 crore (Mar'24 Rs -0.06 crore).