The company reported standalone net loss during the quarter stood at Rs 224.37 crore compared to net profit of Rs 8.32 crore in the previous year quarter.ÿ
Net revenue of the company rose substantially by 23.23 per cent at Rs 4.88 crore in January-March quarter of this fiscal as against Rs 3.96 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 48.50 per cent to Rs 8.06 crore from Rs 15.65 crore in year ago period.
Other Income grew by 0.67 per cent at Rs 21.11 crore versus (Mar'24 Rs 20.97 crore).
Operating Profit slipped by 72.80 per cent to Rs -3.18 crore as against Rs -11.69 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 77.93 per cent in March quarter.
Taxation increased by 30505.06 per cent at Rs 241.78 crore (Mar'24 Rs 0.79 crore).