The company reported standalone net loss during the quarter stood at Rs 5.25 crore compared to net profit of Rs 0.05 crore in the previous year quarter.ÿ
Net revenue of the company declined moderately by 11.80 per cent at Rs 18.69 crore in October-December quarter of this fiscal as against Rs 21.19 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 8.33 per cent to Rs 20.67 crore from Rs 19.08 crore in year ago period.
Other Income grew by 57.14 per cent at Rs 0.88 crore versus (Dec'24 Rs 0.56 crore).
Operating Profit slipped by 194.31 per cent to Rs -1.99 crore as against Rs 2.11 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 206.94 per cent in December quarter.
Interest declined by 4.32 per cent y-o-y to Rs 1.33 crore, while Taxation increased by 100.00 per cent at Rs 1.24 crore (Dec'24 Rs 0.62 crore).