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08/08/2025 20:10

Aksh Optifibre posts Q1 net loss of Rs 3.76 cr

The company reported standalone net loss during the quarter stood at Rs 3.76 crore as compared to net loss of Rs 3.11 crore in the previous year quarter.

Net revenue of the company declined substantially by 34.33 per cent at Rs 26.91 crore in April-June quarter of this fiscal as against Rs 40.98 crore in the corresponding period last year.

During April-June quarter, operating expenses dropped by 31.85 per cent to Rs 27.63 crore from Rs 40.54 crore in year ago period.

Other Income dipped by 13.51 per cent at Rs 0.32 crore versus (Jun'24 Rs 0.37 crore).

Operating Profit slipped by 267.44 per cent to Rs -0.72 crore as against Rs 0.43 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 350.94 per cent in June quarter.

Interest declined by 11.27 per cent y-o-y to Rs 1.81 crore, while Taxation increased by 14.15 per cent at Rs -1.21 crore (Jun'24 Rs -1.06 crore).