The company reported standalone net loss during the quarter stood at Rs 14.28 crore compared to net profit of Rs 7.47 crore in the previous year quarter.ÿ
Net revenue of the company declined marginally by 3.31 per cent at Rs 140.38 crore in October-December quarter of this fiscal as against Rs 145.18 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 18.09 per cent to Rs 156.18 crore from Rs 132.25 crore in year ago period.
Other Income grew by 18.65 per cent at Rs 5.98 crore versus (Dec'24 Rs 5.04 crore).
Operating Profit slipped by 222.20 per cent to Rs -15.80 crore as against Rs 12.93 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 226.37 per cent in December quarter.
Interest grew by 29.89 per cent y-o-y to Rs 2.26 crore, while Taxation decreased by 270.90 per cent at Rs -4.58 crore (Dec'24 Rs 2.68 crore).