The company reported standalone net loss during the quarter stood at Rs 7.70 crore compared to net profit of Rs 19.19 crore in the previous year quarter.ÿ
Net revenue of the company declined moderately by 18.31 per cent at Rs 331.17 crore in October-December quarter of this fiscal as against Rs 405.38 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 10.27 per cent to Rs 331.99 crore from Rs 369.99 crore in year ago period.
Other Income dipped by 43.03 per cent at Rs 6.54 crore versus (Dec'24 Rs 11.48 crore).
Operating Profit slipped by 102.32 per cent to Rs -0.82 crore as against Rs 35.39 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 102.86 per cent in December quarter.
Interest declined by 17.55 per cent y-o-y to Rs 2.49 crore, while Taxation decreased by 121.37 per cent at Rs -2.53 crore (Dec'24 Rs 11.84 crore).