The company reported standalone net loss during the quarter stood at Rs 1.47 crore compared to net profit of Rs 0.27 crore in the previous year quarter.ÿ
Net revenue of the company declined substantially by 40.29 per cent at Rs 24.57 crore in October-December quarter of this fiscal as against Rs 41.15 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 35.06 per cent to Rs 25.75 crore from Rs 39.65 crore in year ago period.
Other Income grew by 14.55 per cent at Rs 1.26 crore versus (Dec'24 Rs 1.10 crore).
Operating Profit slipped by 179.19 per cent to Rs -1.18 crore as against Rs 1.49 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 232.23 per cent in December quarter.
Interest declined by 32.64 per cent y-o-y to Rs 0.97 crore, while Taxation increased by 185.71 per cent at Rs 0.20 crore (Dec'24 Rs 0.07 crore).