The company reported standalone net loss during the quarter stood at Rs 2.65 crore compared to net profit of Rs 6.17 crore in the previous year quarter.ÿ
Net revenue of the company declined moderately by 12.80 per cent at Rs 72.19 crore in October-December quarter of this fiscal as against Rs 82.79 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 1.76 per cent to Rs 72.68 crore from Rs 73.98 crore in year ago period.
Other Income grew by 11.43 per cent at Rs 0.39 crore versus (Dec'24 Rs 0.35 crore).
Operating Profit slipped by 105.68 per cent to Rs -0.50 crore as against Rs 8.81 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 106.48 per cent in December quarter.
Interest declined by 36.89 per cent y-o-y to Rs 0.77 crore, while Taxation decreased by 97.67 per cent at Rs 0.06 crore (Dec'24 Rs 2.58 crore).