The company reported standalone net loss during the quarter stood at Rs 30.28 crore as compared to net loss of Rs 21.65 crore in the previous year quarter.

Net revenue of the company rose moderately by 9.32 per cent at Rs 105.61 crore in April-June quarter of this fiscal as against Rs 96.61 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 22.67 per cent to Rs 107.59 crore from Rs 87.71 crore in year ago period.

Other Income grew by 55.00 per cent at Rs 1.24 crore versus (Jun'24 Rs 0.80 crore).

Operating Profit slipped by 122.25 per cent to Rs -1.98 crore as against Rs 8.90 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 120.28 per cent in June quarter.

Interest grew by 7.64 per cent y-o-y to Rs 30.30 crore, while Taxation increased by 40.00 per cent at Rs -10.64 crore (Jun'24 Rs -7.60 crore).