The company reported standalone net loss during the quarter stood at Rs 1.38 crore compared to net profit of Rs 0.18 crore in the previous year quarter.ÿ
Net revenue of the company declined by 0.69 per cent at Rs 37.51 crore in January-March quarter of this fiscal as against Rs 37.77 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 3.88 per cent to Rs 36.98 crore from Rs 35.60 crore in year ago period.
Other Income dipped by 185.71 per cent at Rs -0.06 crore versus (Mar'21 Rs 0.07 crore).
Operating Profit slipped by 75.58 per cent to Rs 0.53 crore as against Rs 2.17 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 75.48 per cent in March quarter.
Interest grew by 84.62 per cent y-o-y to Rs 0.24 crore