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05/08/2025 09:20

Remedium Lifecare posts Q1 net loss of Rs 0.37 cr

The company reported standalone net loss during the quarter stood at Rs 0.37 crore compared to net profit of Rs 1.64 crore in the previous year quarter.ÿ

Net revenue of the company declined substantially by 76.36 per cent at Rs 18.37 crore in April-June quarter of this fiscal as against Rs 77.70 crore in the corresponding period last year.

During April-June quarter, operating expenses dropped by 70.79 per cent to Rs 22.58 crore from Rs 77.31 crore in year ago period.

Other Income grew by 84.13 per cent at Rs 3.48 crore versus (Jun'24 Rs 1.89 crore).

Operating Profit slipped by 1179.49 per cent to Rs -4.21 crore as against Rs 0.39 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 4680.00 per cent in June quarter.

Interest grew by 0.00 per cent y-o-y to Rs -0.36 crore