The company reported standalone net loss during the quarter stood at Rs 0.19 crore compared to net profit of Rs 5.60 crore in the previous year quarter.ÿ
Net revenue of the company rose marginally by 1.80 per cent at Rs 66.76 crore in January-March quarter of this fiscal as against Rs 65.58 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 8.80 per cent to Rs 58.88 crore from Rs 54.12 crore in year ago period.
Other Income grew by 103.85 per cent at Rs 0.53 crore versus (Mar'24 Rs 0.26 crore).
Operating Profit slipped by 31.18 per cent to Rs 7.88 crore as against Rs 11.45 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 32.42 per cent in March quarter.
Interest grew by 72.04 per cent y-o-y to Rs 1.60 crore, while Taxation increased by 134.55 per cent at Rs 3.87 crore (Mar'24 Rs 1.65 crore).