The company reported standalone net loss during the quarter stood at Rs 14.26 crore compared to net profit of Rs 18.63 crore in the previous year quarter.ÿ
Net revenue of the company declined substantially by 23.26 per cent at Rs 294.58 crore in January-March quarter of this fiscal as against Rs 383.86 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 20.67 per cent to Rs 293.84 crore from Rs 370.39 crore in year ago period.
Other Income dipped by 344.98 per cent at Rs -14.16 crore versus (Mar'25 Rs 5.78 crore).
Operating Profit slipped by 94.43 per cent to Rs 0.75 crore as against Rs 13.47 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 92.88 per cent in March quarter.
Interest grew by 29.02 per cent y-o-y to Rs 4.09 crore, while Taxation decreased by 7.80 per cent at Rs -6.62 crore (Mar'25 Rs -7.18 crore).