The company reported standalone net loss during the quarter stood at Rs 3.61 crore compared to net profit of Rs 1.96 crore in the previous year quarter.ÿ
Net revenue of the company rose moderately by 11.33 per cent at Rs 44.71 crore in January-March quarter of this fiscal as against Rs 40.16 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 29.47 per cent to Rs 47.76 crore from Rs 36.89 crore in year ago period.
Other Income dipped by 15.19 per cent at Rs 0.67 crore versus (Mar'24 Rs 0.79 crore).
Operating Profit slipped by 193.27 per cent to Rs -3.05 crore as against Rs 3.27 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 184.01 per cent in March quarter.
Interest grew by 271.43 per cent y-o-y to Rs 0.52 crore, while Taxation decreased by 234.43 per cent at Rs -0.82 crore (Mar'24 Rs 0.61 crore).