The company reported standalone net loss during the quarter stood at Rs 2.70 crore compared to net profit of Rs 0.70 crore in the previous year quarter.ÿ
Net revenue of the company rose moderately by 14.27 per cent at Rs 96.79 crore in January-March quarter of this fiscal as against Rs 84.70 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 17.23 per cent to Rs 97.64 crore from Rs 83.29 crore in year ago period.
Other Income grew by 733.33 per cent at Rs 0.25 crore versus (Mar'24 Rs 0.03 crore).
Operating Profit slipped by 160.28 per cent to Rs -0.85 crore as against Rs 1.41 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 152.10 per cent in March quarter.
Interest grew by 0.00 per cent y-o-y to Rs 0.02 crore, while Taxation increased by 230.65 per cent at Rs 2.05 crore (Mar'24 Rs 0.62 crore).