The company reported standalone net loss during the quarter stood at Rs 1.10 crore compared to net profit of Rs 0.40 crore in the previous year quarter.ÿ

Net revenue of the company declined moderately by 13.62 per cent at Rs 2.22 crore in April-June quarter of this fiscal as against Rs 2.57 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 59.12 per cent to Rs 2.53 crore from Rs 1.59 crore in year ago period.

Other Income grew by 600.00 per cent at Rs 0.07 crore versus (Jun'24 Rs 0.01 crore).

Operating Profit slipped by 131.63 per cent to Rs -0.31 crore as against Rs 0.98 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 136.62 per cent in June quarter.

Interest grew by 76.92 per cent y-o-y to Rs 0.23 crore