The company reported standalone net loss during the quarter stood at Rs 3.29 crore compared to net profit of Rs 0.16 crore in the previous year quarter.ÿ
Net revenue of the company declined marginally by 3.59 per cent at Rs 33.57 crore in January-March quarter of this fiscal as against Rs 34.82 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 9.69 per cent to Rs 34.54 crore from Rs 31.49 crore in year ago period.
Other Income grew by 19.44 per cent at Rs 0.43 crore versus (Mar'24 Rs 0.36 crore).
Operating Profit slipped by 129.13 per cent to Rs -0.97 crore as against Rs 3.33 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 130.09 per cent in March quarter.
Interest declined by 24.84 per cent y-o-y to Rs 1.18 crore