The company reported standalone net loss during the quarter stood at Rs 0.33 crore compared to net profit of Rs 0.02 crore in the previous year quarter.ÿ
Net revenue of the company declined moderately by 9.78 per cent at Rs 41.81 crore in October-December quarter of this fiscal as against Rs 46.34 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 9.86 per cent to Rs 42.07 crore from Rs 46.67 crore in year ago period.
Other Income dipped by 61.18 per cent at Rs 0.33 crore versus (Dec'23 Rs 0.85 crore).
Operating Profit slipped by 21.21 per cent to Rs -0.26 crore as against Rs -0.33 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 14.08 per cent in December quarter.
Interest declined by 20.00 per cent y-o-y to Rs 0.36 crore, while Taxation increased by 0.00 per cent at Rs -0.01 crore (Dec'23 Rs 0.00 crore).