The company reported standalone net loss during the quarter stood at Rs 12.92 crore compared to net profit of Rs 0.76 crore in the previous year quarter.ÿ
Net revenue of the company declined moderately by 13.50 per cent at Rs 702.56 crore in October-December quarter of this fiscal as against Rs 812.17 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 11.26 per cent to Rs 687.99 crore from Rs 775.32 crore in year ago period.
Other Income grew by 17.82 per cent at Rs 4.10 crore versus (Dec'24 Rs 3.48 crore).
Operating Profit slipped by 60.46 per cent to Rs 14.57 crore as against Rs 36.85 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 54.41 per cent in December quarter.
Interest declined by 13.66 per cent y-o-y to Rs 12.96 crore, while Taxation decreased by 868.52 per cent at Rs -4.15 crore (Dec'24 Rs 0.54 crore).