The company reported standalone net loss during the quarter stood at Rs 2.82 crore compared to net profit of Rs 0.10 crore in the previous year quarter.ÿ
Net revenue of the company rose substantially by 23.69 per cent at Rs 93.04 crore in January-March quarter of this fiscal as against Rs 75.22 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 31.04 per cent to Rs 92.50 crore from Rs 70.59 crore in year ago period.
Other Income dipped by 5.88 per cent at Rs 0.16 crore versus (Mar'24 Rs 0.17 crore).
Operating Profit slipped by 88.55 per cent to Rs 0.53 crore as against Rs 4.63 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 90.75 per cent in March quarter.
Interest grew by 13.23 per cent y-o-y to Rs 3.51 crore, while Taxation decreased by 514.29 per cent at Rs -1.45 crore (Mar'24 Rs 0.35 crore).