The company reported standalone net loss during the quarter stood at Rs 2.03 crore compared to net profit of Rs 2.44 crore in the previous year quarter.ÿ
Net revenue of the company declined moderately by 7.40 per cent at Rs 91.21 crore in January-March quarter of this fiscal as against Rs 98.50 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 1.91 per cent to Rs 91.11 crore from Rs 92.88 crore in year ago period.
Other Income dipped by 47.66 per cent at Rs 0.56 crore versus (Mar'24 Rs 1.07 crore).
Operating Profit slipped by 98.40 per cent to Rs 0.09 crore as against Rs 5.62 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 98.25 per cent in March quarter.
Interest declined by 4.96 per cent y-o-y to Rs 1.34 crore, while Taxation decreased by 183.75 per cent at Rs -0.67 crore (Mar'24 Rs 0.80 crore).