The company reported standalone net loss during the quarter stood at Rs 2.68 crore compared to net profit of Rs 0.81 crore in the previous year quarter.ÿ

Net revenue of the company rose moderately by 10.31 per cent at Rs 60.37 crore in April-June quarter of this fiscal as against Rs 54.73 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 20.97 per cent to Rs 69.12 crore from Rs 57.14 crore in year ago period.

Other Income dipped by 40.81 per cent at Rs 3.35 crore versus (Jun'24 Rs 5.66 crore).

Operating Profit surged by 263.07 per cent to Rs -8.75 crore as against Rs -2.41 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 229.32 per cent in June quarter.

Interest grew by 66.67 per cent y-o-y to Rs 0.05 crore, while Taxation decreased by 483.33 per cent at Rs -0.46 crore (Jun'24 Rs 0.12 crore).