The company reported standalone net loss during the quarter stood at Rs 0.75 crore compared to net profit of Rs 1.36 crore in the previous year quarter.ÿ
Net revenue of the company rose marginally by 4.47 per cent at Rs 22.43 crore in January-March quarter of this fiscal as against Rs 21.47 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 18.66 per cent to Rs 22.70 crore from Rs 19.13 crore in year ago period.
Other Income grew by 57.89 per cent at Rs 0.30 crore versus (Mar'24 Rs 0.19 crore).
Operating Profit slipped by 111.54 per cent to Rs -0.27 crore as against Rs 2.34 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 111.00 per cent in March quarter.
Interest declined by 13.33 per cent y-o-y to Rs 0.52 crore, while Taxation decreased by 94.44 per cent at Rs 0.02 crore (Mar'24 Rs 0.36 crore).