The company reported standalone net loss during the quarter stood at Rs 14.87 crore compared to net profit of Rs 14.36 crore in the previous year quarter.ÿ
Net revenue of the company declined moderately by 15.69 per cent at Rs 101.24 crore in January-March quarter of this fiscal as against Rs 120.08 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 6.87 per cent to Rs 96.04 crore from Rs 103.13 crore in year ago period.
Other Income dipped by 21.05 per cent at Rs 0.45 crore versus (Mar'24 Rs 0.57 crore).
Operating Profit slipped by 69.34 per cent to Rs 5.20 crore as against Rs 16.96 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 63.60 per cent in March quarter.
Interest declined by 58.36 per cent y-o-y to Rs 6.65 crore, while Taxation decreased by 58.71 per cent at Rs -5.24 crore (Mar'24 Rs -12.69 crore).