The company reported standalone net loss during the quarter stood at Rs 2.57 crore compared to net profit of Rs 33.99 crore in the previous year quarter.ÿ

Net revenue of the company declined marginally by 4.10 per cent at Rs 207.69 crore in April-June quarter of this fiscal as against Rs 216.58 crore in the corresponding period last year.

During April-June quarter, operating expenses dropped by 3.28 per cent to Rs 205.82 crore from Rs 212.79 crore in year ago period.

Other Income grew by 20.75 per cent at Rs 1.28 crore versus (Jun'22 Rs 1.06 crore).

Operating Profit slipped by 50.66 per cent to Rs 1.87 crore as against Rs 3.79 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 48.57 per cent in June quarter.

Interest grew by 244.74 per cent y-o-y to Rs 1.31 crore, while Taxation decreased by 272.73 per cent at Rs -0.57 crore (Jun'22 Rs 0.33 crore).