The company reported standalone net loss during the quarter stood at Rs 2.51 crore compared to net profit of Rs 87.46 crore in the previous year quarter.ÿ
Net revenue of the company rose substantially by 32.96 per cent at Rs 186.73 crore in October-December quarter of this fiscal as against Rs 140.44 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 30.41 per cent to Rs 175.25 crore from Rs 134.38 crore in year ago period.
Other Income dipped by 91.49 per cent at Rs 11.63 crore versus (Dec'23 Rs 136.66 crore).
Operating Profit surged by 89.60 per cent to Rs 11.49 crore as against Rs 6.06 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 42.36 per cent in December quarter.
Interest declined by 141.42 per cent y-o-y to Rs -12.51 crore, while Taxation increased by 363.20 per cent at Rs 24.92 crore (Dec'23 Rs 5.38 crore).