The company reported standalone net loss during the quarter stood at Rs 6.85 crore compared to net profit of Rs 8.13 crore in the previous year quarter.ÿ
Net revenue of the company declined moderately by 14.77 per cent at Rs 91.38 crore in October-December quarter of this fiscal as against Rs 107.21 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 2.86 per cent to Rs 91.89 crore from Rs 94.60 crore in year ago period.
Other Income dipped by 39.47 per cent at Rs 0.46 crore versus (Dec'24 Rs 0.76 crore).
Operating Profit slipped by 104.04 per cent to Rs -0.51 crore as against Rs 12.62 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 104.76 per cent in December quarter.
Interest declined by 14.29 per cent y-o-y to Rs 0.72 crore, while Taxation decreased by 85.00 per cent at Rs 0.03 crore (Dec'24 Rs 0.20 crore).