The company reported standalone net loss during the quarter stood at Rs 17.42 crore compared to net profit of Rs 0.32 crore in the previous year quarter.ÿ
Net revenue of the company rose moderately by 15.82 per cent at Rs 18.74 crore in January-March quarter of this fiscal as against Rs 16.18 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 7.46 per cent to Rs 16.85 crore from Rs 15.68 crore in year ago period.
Other Income grew by 1123.31 per cent at Rs 48.81 crore versus (Mar'24 Rs 3.99 crore).
Operating Profit surged by 276.00 per cent to Rs 1.88 crore as against Rs 0.50 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 227.04 per cent in March quarter.
Interest grew by 578.95 per cent y-o-y to Rs 1.29 crore, while Taxation decreased by 97.69 per cent at Rs 0.08 crore (Mar'24 Rs 3.46 crore).