The company reported standalone net loss during the quarter stood at Rs 5.97 crore compared to net profit of Rs 2.70 crore in the previous year quarter.ÿ
Net revenue of the company declined moderately by 16.55 per cent at Rs 116.38 crore in January-March quarter of this fiscal as against Rs 139.46 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 10.04 per cent to Rs 117.09 crore from Rs 130.16 crore in year ago period.
Other Income grew by 0.00 per cent at Rs 0.56 crore versus (Mar'24 Rs 0.00 crore).
Operating Profit slipped by 107.63 per cent to Rs -0.71 crore as against Rs 9.30 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 109.15 per cent in March quarter.
Interest grew by 60.88 per cent y-o-y to Rs 5.10 crore, while Taxation decreased by 318.56 per cent at Rs -2.12 crore (Mar'24 Rs 0.97 crore).