The company reported standalone net loss during the quarter stood at Rs 22.68 crore compared to net profit of Rs 0.20 crore in the previous year quarter.ÿ
Net revenue of the company declined moderately by 12.80 per cent at Rs 117.48 crore in January-March quarter of this fiscal as against Rs 134.72 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 15.02 per cent to Rs 124.62 crore from Rs 108.35 crore in year ago period.
Other Income dipped by 66.12 per cent at Rs 4.57 crore versus (Mar'24 Rs 13.49 crore).
Operating Profit slipped by 127.07 per cent to Rs -7.14 crore as against Rs 26.38 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 131.05 per cent in March quarter.
Interest grew by 1.34 per cent y-o-y to Rs 7.59 crore, while Taxation decreased by 1187.36 per cent at Rs -9.46 crore (Mar'24 Rs 0.87 crore).