“The intensity of second wave and resultant lockdown is likely to impact the growth in Q1 FY22. We continue to prioritise safety of our employees and focus on cost management to navigate the challenging times,” Ganesh said.

The company closed last fiscal with a total revenue of Rs.304.9 crore and a net loss of Rs 6.1 crore as against a revenue of Rs 358.1 crore and a net loss of Rs 16.3 crore posted during FY20.

The net loss for FY21 came down on the back of an exceptional item, that, is, Rs 22.2 crore, profit on sale of an asset.

Visit news.dtnext.in to explore our interactive epaper!