The company reported standalone net loss during the quarter stood at Rs 1.04 crore compared to net profit of Rs 4.02 crore in the previous year quarter.ÿ
Net revenue of the company declined substantially by 21.92 per cent at Rs 61.85 crore in October-December quarter of this fiscal as against Rs 79.21 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 12.42 per cent to Rs 56.68 crore from Rs 64.72 crore in year ago period.
Other Income grew by 30.99 per cent at Rs 1.86 crore versus (Dec'24 Rs 1.42 crore).
Operating Profit slipped by 64.32 per cent to Rs 5.17 crore as against Rs 14.49 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 54.29 per cent in December quarter.
Interest grew by 20.86 per cent y-o-y to Rs 1.97 crore, while Taxation decreased by 120.00 per cent at Rs -0.35 crore (Dec'24 Rs 1.75 crore).