The company reported standalone net loss during the quarter stood at Rs 8.60 crore compared to net profit of Rs 30.47 crore in the previous year quarter.ÿ
Net revenue of the company declined substantially by 32.39 per cent at Rs 267.52 crore in January-March quarter of this fiscal as against Rs 395.71 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 9.96 per cent to Rs 255.53 crore from Rs 283.80 crore in year ago period.
Other Income grew by 61.01 per cent at Rs 26.97 crore versus (Mar'25 Rs 16.75 crore).
Operating Profit slipped by 82.00 per cent to Rs 21.78 crore as against Rs 120.97 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 73.37 per cent in March quarter.
Interest declined by 19.68 per cent y-o-y to Rs 42.70 crore, while Taxation decreased by 325.68 per cent at Rs -24.17 crore (Mar'25 Rs 10.71 crore).