The company reported standalone net loss during the quarter stood at Rs 5.35 crore compared to net profit of Rs 5.87 crore in the previous year quarter.ÿ
Net revenue of the company rose substantially by 45.93 per cent at Rs 5.02 crore in January-March quarter of this fiscal as against Rs 3.44 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 1460.66 per cent to Rs 9.52 crore from Rs 0.61 crore in year ago period.
Other Income dipped by 13.11 per cent at Rs 0.53 crore versus (Mar'24 Rs 0.61 crore).
Operating Profit slipped by 185.26 per cent to Rs -6.65 crore as against Rs 7.80 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 158.40 per cent in March quarter.
Interest grew by 18.75 per cent y-o-y to Rs 0.57 crore, while Taxation decreased by 171.50 per cent at Rs -1.43 crore (Mar'24 Rs 2.00 crore).