The company reported standalone net loss during the quarter stood at Rs 2.50 crore compared to net profit of Rs 0.20 crore in the previous year quarter.ÿ
Net revenue of the company rose marginally by 1.30 per cent at Rs 10.13 crore in January-March quarter of this fiscal as against Rs 10.00 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 34.21 per cent to Rs 12.71 crore from Rs 9.47 crore in year ago period.
Other Income dipped by 264.71 per cent at Rs -0.56 crore versus (Mar'24 Rs 0.34 crore).
Operating Profit slipped by 586.79 per cent to Rs -2.58 crore as against Rs 0.53 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 577.34 per cent in March quarter.
Interest declined by 6.67 per cent y-o-y to Rs 0.14 crore, while Taxation decreased by 309.52 per cent at Rs -0.88 crore (Mar'24 Rs 0.42 crore).