The company reported standalone net loss during the quarter stood at Rs 77.01 crore compared to net profit of Rs 0.10 crore in the previous year quarter.ÿ
Net revenue of the company declined substantially by 86.46 per cent at Rs 5.04 crore in January-March quarter of this fiscal as against Rs 37.23 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 26.17 per cent to Rs 78.39 crore from Rs 62.13 crore in year ago period.
Other Income dipped by 82.58 per cent at Rs 0.27 crore versus (Mar'24 Rs 1.55 crore).
Operating Profit surged by 194.46 per cent to Rs -73.35 crore as against Rs -24.91 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 2073.72 per cent in March quarter.
Interest grew by 0.00 per cent y-o-y to Rs 0.01 crore