The company reported standalone net loss during the quarter stood at Rs 63.53 crore compared to net profit of Rs 15.67 crore in the previous year quarter.ÿ
Net revenue of the company declined substantially by 30.26 per cent at Rs 310.01 crore in January-March quarter of this fiscal as against Rs 444.54 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 22.53 per cent to Rs 334.87 crore from Rs 432.27 crore in year ago period.
Other Income dipped by 24.29 per cent at Rs 7.23 crore versus (Mar'25 Rs 9.55 crore).
Operating Profit slipped by 302.61 per cent to Rs -24.86 crore as against Rs 12.27 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 390.58 per cent in March quarter.
Interest grew by 25.93 per cent y-o-y to Rs 7.14 crore, while Taxation increased by 116.89 per cent at Rs 0.38 crore (Mar'25 Rs -2.25 crore).