The company reported standalone net loss during the quarter stood at Rs 5.11 crore compared to net profit of Rs 29.71 crore in the previous year quarter.ÿ
Net revenue of the company rose moderately by 11.18 per cent at Rs 294.94 crore in January-March quarter of this fiscal as against Rs 265.29 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 8.67 per cent to Rs 244.27 crore from Rs 224.79 crore in year ago period.
Other Income grew by 45.58 per cent at Rs 4.12 crore versus (Mar'24 Rs 2.83 crore).
Operating Profit surged by 25.11 per cent to Rs 50.67 crore as against Rs 40.50 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 12.51 per cent in March quarter.
Interest declined by 48.59 per cent y-o-y to Rs 1.64 crore, while Taxation decreased by 96.13 per cent at Rs 0.44 crore (Mar'24 Rs 11.36 crore).