The company reported standalone net loss during the quarter stood at Rs 5.30 crore compared to net profit of Rs 8.87 crore in the previous year quarter.ÿ
Net revenue of the company rose marginally by 2.87 per cent at Rs 227.98 crore in January-March quarter of this fiscal as against Rs 221.61 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 9.11 per cent to Rs 216.80 crore from Rs 198.69 crore in year ago period.
Other Income dipped by 97.86 per cent at Rs 0.14 crore versus (Mar'24 Rs 6.53 crore).
Operating Profit slipped by 51.22 per cent to Rs 11.18 crore as against Rs 22.92 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 52.61 per cent in March quarter.
Interest grew by 73.38 per cent y-o-y to Rs 5.08 crore, while Taxation decreased by 136.17 per cent at Rs -1.91 crore (Mar'24 Rs 5.28 crore).