The company reported standalone net loss during the quarter stood at Rs 57.12 crore compared to net profit of Rs 3.02 crore in the previous year quarter.ÿ
Net revenue of the company declined substantially by 37.92 per cent at Rs 5.60 crore in January-March quarter of this fiscal as against Rs 9.02 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 350.96 per cent to Rs 58.67 crore from Rs 13.01 crore in year ago period.
Other Income dipped by 94.34 per cent at Rs 0.41 crore versus (Mar'25 Rs 7.24 crore).
Operating Profit surged by 1230.33 per cent to Rs -53.08 crore as against Rs -3.99 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 2047.83 per cent in March quarter.
Taxation increased by 515.12 per cent at Rs 3.57 crore (Mar'25 Rs -0.86 crore).